The Brits handle finance. The money flows through London, both legitimate and illicit flows. This then gets deposited in their banks on offshore islands they own, and good luck getting that back to London, let alone out of England.

They kept the pound whilst in the EU and were able to break away (not unscathed) but still maintain their FX rate. They also hold and deliver gold (or are supposed too) and in some instances are not returning assets to countries that are requesting them.

China is a manufacturer, they lack financing which generally comes from the UK and US. But they make goods, and they make them well - from the cheapest of the cheap to the top shelf product. But when it comes to finacing, it's a big problem (see housing crisis/Evergrande)

So demand for Yuan is quite low, because a lot of the manufacturing is usually contractual debt obligations in USD -

The chinese? You mean the British?

at some stage, yeah, it's going to collapse in on itself.

hawk tauh girl is back!

nah sis - based on the 24hr volumes, we're seeing a consistent leader here. USD here to stay for a long ass while

I heard USD works well

This is the type of oblivious "muh putin bad" that started this. Clueless of history. Keep poking at the bear and then cry when it finally responds.

Nostr is too instable and inconsistent. Bitcoin is too volatile...

My man.. have you seen our government lately?

High roller🥳.

Trump announces that he has made an agreement with Mexican President Claudia Sheinbaum regarding the tariffs. nostr:note12jlh4xhxa73gmmhe8j7h3av89vq3apyc2mf6tp0j2jhgvtwq8grs3l7eed