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4 days agoI’m curious, why haven’t they done so already? Do they trade in Yuan or dollars? Why is it “selfish” for China to prefer local currency with certain countries?
I’m curious, why haven’t they done so already? Do they trade in Yuan or dollars? Why is it “selfish” for China to prefer local currency with certain countries?
Having a hard time understanding: why does the long term treasury yield going up cause a problem for US and associated interests? Is it because they have to pay more in interest on bonds? Can’t the US govt / Fed create money as needed to service these debts?
Wow, this was a great read, and extremely dark and harrowing. It’s troubling that these stories are totally absent from the majority of Western media. This war should have never started 😔
Great username btw, which I had it myself !