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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: bigshan   😊 😞
Number: of 19824 
Subject: Re: OT mostly: forevers
Date: 02/24/26 3:20 PM
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< But to support international trade, that third currency needs to be really, really liquid. The US is really the only player with capital markets big enough to do the job. The EU is a distant second. China has tight restrictions on its capital markets, so the yuan isn't really a player although China is trying to nibble around the edges.>

I agree China is not ready. But how long would it take before they are ready and lift those restrictions? 10,20 years? When it looks like it’s going in that direction, it maybe too late.
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