Hacker News new | ask | show | jobs
by User23 1118 days ago
I wonder if they’re going to squeeze the vice a bit and then offer the opportunity to refinance in RMB as part of their larger strategy of de-dollarizing the world economy.

The main barrier I see is they’d have to become willing to run an ongoing current account deficit to replace the dollar, which is a totally alien strategy up until now so far as I can tell.