What are your thoughts about this article, Mish?
Europe’s central banks are starting to replace dollar reserves with the yuan
Late last year, China's Xi Jinping said it was time for the nation to "take center stage in the world." There are many ways for China to do this, including promoting globalization, boosting foreign aid, and developing advanced technologies. Another critical step in taking "center stage" is to be at the center of the global...
Jan 23, 2018
What are your thoughts about this article, Mish? https://qz.com/1180434/europes-central-banks-are-starting-to-replace-us-dollar-reserves-with-the-chinese-yuan/
Mike Mish Shedlock
Feb 1, 2018
I doubt it, but if so it's math. If Europe is accumulating more trade surplusses with China than US? Is that reality? If not, it not going to happen. This is more yuan-loving silliness.
Feb 3, 2018
What's the future of the euro, Mish?