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China vs America

Featured Replies

China's relationship with the world is one of a supplier - China builds things the world needs.
America's relationship with the world is one of a destroyer - America takes what it wants by force of arms and destroys what it can't have.

Change my mind!

amrre7.jpg

Cool, now they will stop being a revanchist, racist authoritarian nuisance.

President Donald Trump's bet on war with Iran could have a significant impact on the United States' global financial standing, an analyst explained Monday. The Bulwark's Jonathan V. Last described how Trump's decision "could speed up de-dollarization" and challenge the American currency's dominance, ultimately altering the 52-year history of the petrodollar system.

Iranian leadership survived a transition of power in the midst of war, achieved its strategic objective in closing the strait, and is now looking to leverage China’s rising economic ambitions against the United States," Last wrote.

Last argued that as the rages on, Iran and China could reach an agreement to allow oil transport through the Strait of Hormuz, but under the condition that the currency switch from the dollar to the yuan.

"If Iran and China made this deal it would absolutely be the beginning of the end of the dollar backstopping the global financial order," Last wrote. "The long-term cost to America would be incalculable."

Trump warned he may end America's 52-year reign as globe's financial king

15 minutes ago, Yagoda said:

Cool, now they will stop being a revanchist, racist authoritarian nuisance.

You're a bit slow aren't you? America has already spotted the vacancy.

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