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The US won't lose it's global reserve status because anyone that could, doesn't want to. Certainly not China especially.
by daemoens 5y ago
The US won't lose it's global reserve status because anyone that could, doesn't want to. Certainly not China especially.
- pphysch 5y agoOf course China doesn't want a sudden collapse of the global financial system, but China is actively dedollarizing. RCEP and Russia trade is aiming to be 0% USD and may already be there. Russia and India also just announced that their bilateral trade will be 0% USD.