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That guy is taking a couple of data points and running with them. The US could not AT ALL freeze 2.5T of Chinese assets without major consequences. They froze 3
by Sytten 1y ago
That guy is taking a couple of data points and running with them. The US could not AT ALL freeze 2.5T of Chinese assets without major consequences. They froze 300B of russian assets and all other central banks are running away from the dollar. The share of reserve currency in USD is now at its lowest in many decades at 40% and gold is soaring.