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<p>[QUOTE="baseball21, post: 5342522, member: 76863"]It's both and if the USD crashes they do as well. Their economy is directly dependent on our consumption as is most of the world. The USA is the biggest importer of essentially every product on the planet. </p><p><br /></p><p><br /></p><p><br /></p><p>There's no possible replacement, you either have to go to the Euro which is in the same boat or the Pound which is also in the same boat. China will never be a real reserve currency or even the default one while being a communist country. This is especially true after they just lied to the world for months about the virus, resold donated medical equipment countries gave them for help at the start for inflated prices, have active concentration camps etc etc. </p><p><br /></p><p><br /></p><p><br /></p><p>And keep a strong military. Military has always been one of the driving factors of currency and that has been true all throughout history. None of the top currencies ever fell until their military had whether that be the British empire back to ancient Rome.[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 5342522, member: 76863"]It's both and if the USD crashes they do as well. Their economy is directly dependent on our consumption as is most of the world. The USA is the biggest importer of essentially every product on the planet. There's no possible replacement, you either have to go to the Euro which is in the same boat or the Pound which is also in the same boat. China will never be a real reserve currency or even the default one while being a communist country. This is especially true after they just lied to the world for months about the virus, resold donated medical equipment countries gave them for help at the start for inflated prices, have active concentration camps etc etc. And keep a strong military. Military has always been one of the driving factors of currency and that has been true all throughout history. None of the top currencies ever fell until their military had whether that be the British empire back to ancient Rome.[/QUOTE]
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