U.s. Dollar Substitute In October Chinese Yuan New World Researve

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mogo51
Posted
Posted

Thanks Scott, that is the clearest explanation I have had in layman's terms. I have held a view that China is

the real dollar leader, but as you say correctly their lack of transperantcy and lack of humanitarian rights is a

concern.

I have been there a couple of times, of an evening it is amazing. No matter what time of day or night you can

look out your hotel window and see people tooing and froing like ants on an ant hill.

I have also done business there and they are amazing people who work hard for often little wages. But their conviction

cannot be challenged. I never had any problems from a business point of view.

I doubt whether democracy would work there,you would never fit them all into the ballot rooms! But their

Communist leaders can be a bit of a worry at times, on that I agree.

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