Pakistan Defence

Ignorance is a good escape medicine too. We need to have broader basket.. of reserves. It is only logical. Unless we have a few thousand tons of gold... but we don't.. not yet.

Don't take it personally... state your logical postion and move on.

That's true -- and I like your idea to state a position and move one. I'll do that for sure because the back and forth waste time because some will not learn.

As long as Bretton-Woods is in place Dollar is king for now however let's see how the Petro Yuan or the Yuan deals with it tho I am skeptical of paper currency and Central Banks in general gold and commodities should be the answer but the new order must destroy Bretton Woods

@OsmanAli98 Brentton-Woods is like a knife hanging over everyone’s neck I fear with the increasing debt the US Local, State and Federal Govt. is putting on could cause issue with the dollar within a short-medium term.

Many people especially Indians are blind and all they see is US being a power that can never go away, they fail to see internally US can’t even pay their pension payments without taking on more debt and increasing taxes and it’s limiting new home owner ship among younger generations.

It’s even possible we can see a economic degradation over time this trade war has hurt many Americans and showed a lot of vulnerabilities.

The problem with Indians their Cargo Cultism to the Americans and white folk blind them they dont understand times are changing but the Yuan was suppose to be its replacement but the trade war delayed that Trump has slowed the inevitable but for how long come the 2030s we dont know how America will stay as world superpower

Yuan is the future backed by a market of over 1B+ people, even Europeans following US in this trade war have suffered a lot, and lost potential deals. But this is good China will spend more on R&D in house and become an export power along with internal increase in consumption. Imagine China in 30 years pulled 300M out of poverty and made them middle class and still 800+million more people to go.