This has been projected since 1990 and the date continues to be pushed back. The aging population will only make this more difficult if not impossible. In 2035 they will be fully realizing this reality. Come back and remind me when it happens.

1. To be clear the yuan is not even among the top 4 reserve currencies which are USD, Euro, Pound and Swiss franc.

2. Government transparency - how many people truly understand the dynamics behind the Yuan? Maybe 35 members on the China State Council (if that). The lack of transparency will be a major drawback against the Yaun.

3. As Chinese middle class expands more Chinese are likely to spend in the worlds number one economy, or the US. Which will in turn result in US companies selling more to China. These demographics and economic factors only add, not subtract, from the strength of the USD.

4. The USD stands on solid bedrock of the 310M population whereas the Yuan is spread across 1.3B Chinese who are not only aging as a population but will begin to demand more rights. Social unrest and political pressure are coming in the mid to near term

Once again, these are projections, interpretations and general bull shit.

One who is strong doesn’t need to constantly project strength. Said differently, a yuan backed agreement with Brazil is not representative of anything, except that Brazil is dumb enough to sign up.

…is this a joke? Brazil trades in yuan and you think all of this will be the result? Not only is this a non-issue it’s not news. China is trying to do what the US did in the 50s and they have yet to even do that.

/s?

All the smoking accidents at ammo facilities and clumsy senior leadership has given the terrorists the motivation they need…

I think the fentanyl trade will pressure the US to legalize certain drugs.

Dude go over to r/ELI5