First, here is one for the Magic Money Tree growers who contend the US dollar will never, ever, with absolute certainty, lose its reserve currency status:
- PBOC’S PAN CONFIDENT YUAN TO BE RESERVE CURRENCY: SEC. NEWS via BLOOMBERG
Of course, the US is confident that all those aircraft carriers stationed around the world will make sure this never happens. But the US was also sure Russia would fold like a cheap lawn chair on the Ukraine crisis, when in reality it is Putin who has so far been the biggest beneficiary.
And the other headline: