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EU unlikely to confiscate Russian central bank assets - officials (www.reuters.com)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 9 months ago (1 children)

And I'm asking you who will they use?

Because it won't be the countries I named. China isn't financially stable, India isn't politically stable, Russia is lol.

So who will they choose?

[–] [email protected] -1 points 9 months ago

The fact that you think China isn't financially stable simply illustrates your ignorance of the subject you're attempting to debate here.

However, the reality is that you don't need to have a global reserve currency. Anybody who has any historical literacy would know this. Trade can be done in local currencies the way it is already being done increasingly.

All that said, the reality is that yuan is being increasingly used for trade and even western media openly acknowledges this.

Maybe spend more time educating yourself instead of trolling here?