/biz/ - Business & Finance

>>55353103
China is fucked economically and demographically. They're panicking right now because their economic model is dead, killed by Pooh bear. The world's factory is closed, xi doesn't give a shit he did it. The whole financial system is even more fucked up by debt than anything in the west. You really believe the propaganda, it's sad bro. Shits changed with Xi. It's not even about economics with the USD. It's about how large and freely traded it is. The bond market is huge, no one has been able to replicate it. USTs get traded back and forth many multiples more than they get held as a reserve. Trillions of contracts get written in USD. Everyone of those nations financial and legal systems is closed opaque and corrupt.