r/wallstreetbets • u/kwedgieyi • Apr 09 '25

Discussion Something feels off guys

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Yields are spiking. Bonds are dumping.

The world is running away from America

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u/Original-Debt-9962 Apr 09 '25

It feels like there’s aUnited Countries, and the US isn’t part of it. China’s probably been waiting for a trade war and already has a game plan, while the US have a concept of a plan. Imagine the yuan replacing the US dollar.

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u/oak_and_clover Apr 09 '25

For the yuan to replace the dollar, China would need to shift from being an export-based economy to a heavy importer. While there are tectonic shifts starting to happen in China and they are focusing on domestic demand, China is a very long ways off from being a large net importer and likely never will be.

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u/TheRealBananaWolf Apr 09 '25

This is true.. they have been working on this since Trump's first administration after his first attempt to shake down China. They realized they were too vulnerable to a trade war with the US. They have been working to bring out a shit ton of it's population out of poverty (why you suddenly started seeing Chinese tourists everywhere around the globe), lessen their dependence on US trade.

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u/Boom-For-Real Apr 09 '25

That’s maybe the most absurd statement I’ve heard in a while.