The UAE blames Donald Trump for Iran war economic fallout and has warned it may turn to yuan if dollars run short, according to a report.


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  • resipsaloquitur@lemmy.cafe
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    1 hour ago

    Haha, the same renminbi controlled by the same government that got mad when foreigners were investing in their companies during the GFC? The same renminbi that China intentionally keeps weak to boost their exports to hollow-out every other nation’s economy? The same renminbi that China loves to slap capital controls on at the drop of a hat?

    Okay, UAE, go start your own petrodollar. With blackjack. And hookers.