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news • 1 month ago

China isn't dumping dollars. They're dumping banks, and setting up a new financial system.

66

China isn't dumping dollars. They're dumping banks, and setting up a new financial system.

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to

news • 1 month ago

China isn't dumping dollars. They're dumping banks, and setting up a new financial system.

www.youtube.com

China runs massive trade surpluses with North America and Europe. Those markets pay in US Dollars or in Euro. Every day China earns about $2.7 billion USD ...

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Cochise@lemmy.eco.br
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1 month ago
Thanks a lot. Found the channel a monto or so ago, and liked the takes, but can't understand the religious endings. Now everything makes sense.

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