You're right about the 50 year and 100 year bonds. I suppose I tend to think about things within my lifespan. A country does not have to think in such limited terms.
I suppose that gives time for the euro dollars to start winding down to whatever comes next. I also agree that the Euro is not a viable alternative for a reserve currency. I think China will have a go at becoming the reserve currency; but, I don't think it will take off the way the CCP thinks it will.
I covered this in my latest video.
The problem I see with China is the fact that they have trust issues on an international scale. The numbers are hard to trust coming out of China.
Plus, what do we truly know about their banking system and how solid it is?
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