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Which of these emergent countries' investors are switching away from the dollar? Governments and transactions, sure, but as long as God's greenbacks are the dom
by fakedang 3y ago
Which of these emergent countries' investors are switching away from the dollar? Governments and transactions, sure, but as long as God's greenbacks are the dominant transactional currency for investments, I don't see any adverse issues with it. Chinese, Arab, Indian and Russian investors all prefer the dollar for external investments, or the Swiss franc in niche cases. The investor classes don't really give a damn about what their respective governments vacillate about jingoistically.