Andrew
@andrewmassa
Any effect on reserve currency status of the US? https://twitter.com/unusual_whales/status/1638398723356250112?s=20
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Dan Romero
@dwr.eth
Are they long term holding the Yuan? :)
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Andrew
@andrewmassa
Maybe a small step in that direction? Said he was in favor of using the Yuan for settlements in Latin America, Africa, Asia. Basically all of BRICS
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Dan Romero
@dwr.eth
Pretty small % of Chinese trade https://i.imgur.com/djbTXZ1.jpg
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Dan Romero
@dwr.eth
Similarly, Russia in 2019 (pre COVID and war) doesn't trade much with that part of the world. https://i.imgur.com/1pomnIK.jpg
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Andrew
@andrewmassa
Good points I read Ray Dalio's book a while back and have watched his predictions pretty much play out so far. I guess a lot of other people could have predicted Ukraine and printing of money and inflation etc. but he also believes that the US has set its own stage for China and other parts of the world to make a move.
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