Sol Palha

Here's Why Asia Must Eventually Ditch the Dollar

The Chinese are advanced chess players, and they are planning for the future, say some 30 plus years away. To most this time span is simply too far away to focus on but not to the Chinese. At some point in the future, if America does not change its way, then the dollar will follow the same Path the sterling did and eventually be replaced by some other currency. Leap frogging 30 years into the future, it seems that the most viable option would be the Yuan.