westernrvparkowner wrote:
Finally, since the US is also the most powerful nation on earth
Yup, you've got the most bombs.
I think the first country to put a person on Mars and bring them home is the most powerful country. Do you think that's going to be USA or China?
Back to the subject, I don't think the RMB will be the reserve currency until they let it float. It's in their best interests to keeps propping up the USA so I don't think they're going to let the dollar fall.
I'm not really sure what the Saudi's are up to. Why does nobody ask about their motivation for driving the price of oil down. Are they trying to ruin 2nd tier producers like Canada whose cost is $40 a barrel not $10 like them.
As long a Canada is perceived as a petro country, our currency is screwed.