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Thailand and China ditching the dollar

webfact
webfact
in Thailand News - Discussion

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11 hours ago, Gweiloman said:

Wow. Talk about living in an alternate reality.

Greetings comrade .  You evidently do not have access to the fininancial trends . Try to get a proxy server and see what is going on in the financial market..  These guys really don't know what is going on, or they are getting paid to try and convince the idiots .  Which ever way it is they are a joke for people in their country and in the West..

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    • Mike Lister
      Mike Lister

      China and Thailand have been using currency swaps to settle cross border trade bills for years, there's nothing new about this whatsoever. But USD remains the settlement currency for global exports, t

    • Tropicalevo
      Tropicalevo

      Trust China with my (small amount) money? No thank you.

    • StayinThailand2much
      StayinThailand2much

      That's right. Thai logic: 1US$ = 36-37 baht, 1Y = 5 baht, so let's use the yuan instead, because it's a better deal.   Perhaps they will buy Chinese gold online next... 😆 

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    1 hour ago, Gknrd said:

    Greetings comrade .  You evidently do not have access to the fininancial trends . Try to get a proxy server and see what is going on in the financial market..  These guys really don't know what is going on, or they are getting paid to try and convince the idiots .  Which ever way it is they are a joke for people in their country and in the West..

    As per your post, They can use propoganda (sic) and try to convince the poor but the influential and rich are pooring their money into the US market


    Yup, the more you poor, the poorer you become.


    Maybe access a dictionary before financial trends?

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    2 hours ago, Gknrd said:

    Greetings comrade .  You evidently do not have access to the fininancial trends . Try to get a proxy server and see what is going on in the financial market..  These guys really don't know what is going on, or they are getting paid to try and convince the idiots .  Which ever way it is they are a joke for people in their country and in the West..

    https://www.aseanbriefing.com/news/asean-to-increase-local-currency-transactions-reducing-reliance-on-the-us-dollar/

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