China is more authoritarian but the US under republican presidential administrations has been more more militarily aggressive. Every single Republican administration has initiated invasions of other countries and every Democratic administration has at the very least engaged with overseas bombing.
The question is whether this makes folks more or less likely to hold dollars vs yuan as reserve currency
China is more authoritarian but the US under republican presidential administrations has been more more militarily aggressive. Every single Republican administration has initiated invasions of other countries and every Democratic administration has at the very least engaged with overseas bombing.
The question is whether this makes folks more or less likely to hold dollars vs yuan as reserve currency
The US is infinitely worse, at least China is predictable.
You don't know the meaning of the words. Ask the Philippines how unpredictable China is in the South China sea.
China is predictable. See how it was smoother during Du30
You don't know who is the President of the USA.
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Yeah, can't say I disagree. I expected Trump to be authoritarian but I thought he'd actually at least try to be smart about it.