partysnooper
partysnooper t1_jedqnyz wrote
Reply to comment by Ancient_Artichoke555 in China calls US debt trap accusation 'irresponsible' by BubsyFanboy
> Ohh dang so now you are letting me know how Russia stayed afloat. America thought Russias currency was going to fall sooner than it did. And really of no one is trading your own money, your money can still have value within your own system.
Yeah the currency can't go down when no trade is happening, they wanted to supplement trade with EU and USA with China, but China is not that willing. They also trade oil through a shadow fleet of vessels, but it far less profitable than normal, they are slowly sinking.
partysnooper t1_jedptoz wrote
Reply to comment by Ancient_Artichoke555 in China calls US debt trap accusation 'irresponsible' by BubsyFanboy
Damn that was a full lecture. Thank you for your time for the explanation.
>I can remember a person was quantified or computed by using a unit of rice that equated to a handful.
I guess China plays Shogun Total War real life.
It actually makes sense why they want so much dollars if their currency is bogus one.
There were also rumors at the start of war Russia sold dollars for yuan to China, but after a couple of months wanted to trade the yuan back for dollars, but China didn't want them. So this makes more sense now as well.
partysnooper t1_jedkkdm wrote
Reply to comment by Ancient_Artichoke555 in China calls US debt trap accusation 'irresponsible' by BubsyFanboy
Two currencies? First time I've heard about that
partysnooper t1_jeds80q wrote
Reply to comment by Ancient_Artichoke555 in China calls US debt trap accusation 'irresponsible' by BubsyFanboy
Kim is useful for Xi, as China does not want a direct border with a country hosting a US military base aka South Korea