RE: the dollar-peg, and goldInteresting ..
It is fundamentally hilarious to expect any nation educated or financially illiterate to even consider pursuing a world trade regime that
1. is denominated with a geopolitical constructed fiat dollar
2. that is pegged against an exported geopolitical constructed commodity
3. that floats on a deregulated market
4. where that deregulated global economy has a distorted and detached asset base
5. where that geopolitical constructed fiat dollar deregulated market has government policies that promote
a. serial debt bubbles
b. fueled by unsustainable over consumption
c. fraudulent accounting.