Without doubt, the financial system is very complex.
When viewing the pressure Yuan can cause to dollar market I would say it will be very difficult. Aside from the banks running the finance, what I see here is the stakes of investors. The advantage of US dollars in my views was it's early adoption, something that rich institutions are not ready to risk soon for another. Nevertheless, the preaching about dollar market crash will continue when you see the US debt pile.
You are viewing a single comment's thread from: