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Central Alberta | Yuan aint going to be the reserve currency for a long time if ever. Just China trying to get a seat at the big boys club. If the yuan was the reserve, China exports drop and it is instantly bankrupt. Green backs are reserve due to default. There is nothing else and right now there is no large economy on earth that is in better shape than the US which just says how pathetic everyone else is including us up here in Canuckistan. Our private debt is ballooning like a mushroom cloud as there is no private wealth being generated here after the oil industry folded. Bottom line: I will give you yaun in exchange for $USD | |
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Dollar as reserve currency
