Quote:
Originally Posted by OneHungLo
lol so instead of admitting it's huge that they are not only backing down, but they are going to stop the practice of forcing US companies from giving up their intellectual property to do business in China, you try to insinuate that yuan is going to replace the dollar...be real dude.
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No its H U G E, that China has removed that restriction.. like they said they were going to. There's more money to be made in China than any other country, I'd expect trillions of USD to now flow in to the USA, just don't go figuring its flowing back after profits are made..
And the petro Yuan, yep it won't over take the dollar, but you do lose, China, Russia, Iran, North Korea and anyone else the USA thinks they can place restrictions and sanctions on. Most likely we are looking at a 50% split on world production and consumption.
Trump won a billion dollar deal and Xi won a Quadrillion dolla deal.
So clap clap for President Trump?