• Would China survive a trade embargo?

    From Rusty Wyse@21:1/5 to All on Fri Dec 24 08:37:30 2021
    Jay in New Zealand
    ·
    Follow
    History and Current Affairs interest Wed
    Would China survive a trade embargo?
    I think they should completely decouple,

    China will dump their US foreign debt of $1.1 trillion back to America.

    China will stop using SWIFT and use China's digital RMB for all payments, like they are currently asking all 181 BRI member countries…boom who saw it…no one…roar…

    Russia are right next door, what do you plan on doing, you have to pay for everything in Russias digital currency…British have their own… what would happen if the world stopped needing the USD… couldn't happen…shouldn't happen… but might happenâ
    €¦celebrations are going to be enormous in 2028, China will be considered the most Amazing country in Earth's history… ever…

    You say embargoes China says decouple completely.

    Your move or if you got nothing more to add…you can…move along

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From kico@21:1/5 to Rusty Wyse on Sun Dec 26 02:31:52 2021
    On 25/12/2021 12:37 am, Rusty Wyse wrote:

    Jay in New Zealand
    ·
    Follow
    History and Current Affairs interest Wed
    Would China survive a trade embargo?
    I think they should completely decouple,

    China will dump their US foreign debt of $1.1 trillion back to America.

    China will stop using SWIFT and use China's digital RMB for all payments, like they are currently asking all 181 BRI member countries…boom who saw it…no one…roar…

    Russia are right next door, what do you plan on doing, you have to pay for everything in Russias digital currency…British have their own… what would happen if the world stopped needing the USD… couldn't happen…shouldn't happen… but might
    happen…celebrations are going to be enormous in 2028, China will be considered the most Amazing country in Earth's history… ever…

    You say embargoes China says decouple completely.

    Your move or if you got nothing more to add…you can…move along


    China will start its digital currency in March next year and once
    stabilizes it will gradually end their dependent on swift code to manage
    its fund exchange and transfer. US will not be able to interfere their
    The Chinese currency at all.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)