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De-dollarisation gains traction among Brics
(www.khaleejtimes.com)
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this post was submitted on 30 Apr 2024
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Western manufacturing and fabrication is already pulling out of China; this action will accelerate that trend. It's also a poor bet due to China's slow motion demographic collapse.
Frankly this could be implemented tomorrow and by the end of 2034 it would be dead; torn apart by internal conflict and China's gradual economic decline.