Oh sure the US is being deserted by one of its major allies being Japan , because Japan is joining forces with China its foe for the last 400 years (and which it has current and continuing territorial disputes ) , Japan has simply forgotten it relies on the US for its geopolitical security, its forgotten it doesnt have a Navy, its forgotten it relies on the US for security form Kim Jong 3
In a stroke of a pen 340B is moving from USD to Yuan and Yen....and so the pool will get shallower weakening the USD.
Seriously they announced no timetable, they announced not amounts, they announced no targets, they virtually announced zero
Here is a prediction , the entire Chinese government will collapse before more than 5% of their bilateral trade is done in Yuan
Yet it signals the imminent demise of the USD?
For USD to fall or crash it must do it against another currency
nominate any currency in the world or any economy in the world that is a stronger one that the US?
Yen, Yuan, Euro????
Yet the USD is going to be trashed , 50 trillion in dollar bonds are going to zero ???
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another big hit for the us dollar ...., page-17
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