Tag: Yuan
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A new record for BRICS
The Chinese Yuan is back to where it was in 2007 with the US Dollar. As the Russian Rouble collapses, BRICS is turning into a coalition of nation-states with crashed currencies. China’s dream of becoming the world’s number one is obstructed by reality: exponential economic growth is mostly experienced during the transition from poverty to…
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This time it’s not different (part 2): The US Dollar will not collapse and it will be the king for the next hundred years
For those who are worried about the collapse of Western civilisation and the collapse of the US Dollar, chill out. For those who think the world is going to become a multipolar world order of different currencies, sorry to break it to you but it’s not going to happen. There is a higher probability that…
