The US has flexed its Dollar muscle and its enemies are receiving the message loud and clear. Why would China and Russia continue to use the currency of their enemy? The answer is they won't; not for much longer. The question is when will they opt out? My bet is it'll be during the current US administration which doesn't present itself as very capable.
The US has flexed its Dollar muscle and its enemies are receiving the message loud and clear. Why would China and Russia continue to use the currency of their enemy? The answer is they won't; not for much longer. The question is when will they opt out? My bet is it'll be during the current US administration which doesn't present itself as very capable.