'Shark Tank' star Kevin O'Leary dismisses de-dollarization talk and says he won't accept the yuan due to distrust of China's government
But O'Leary is skeptical of the yuan and doubted that individual or institutional investors would put much faith in it.
"How much of an institution's money or a sovereign wealth fund would you put into the Chinese yuan? Well, my answer is zero," he said."Because it's not that I don't trust the Chinese people, I don't trust their government. So I don't care what form of transaction you want to do with me in Asia, I will not take Chinese yuan.
"They're a great nation. They're great people, they make great products, and they're very advanced in some sectors, but they are still not the American economy," O'Leary said."So I don't treat them that way yet. And I would never invest in their currency. Nor would anybody else."
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Old Vic Theater Founding Trustee Sally Greene Steps Down Ahead of Kevin Spacey Trial (EXCLUSIVE)Sally Greene, the woman who appointed Kevin Spacey artistic director of The Old Vic theater in London, has stepped down as a director of the theater’s trust, Variety can confirm. Greene&8217…
Les mer »
Morning Bid: US recession worries weigh in AsiaA look at the day ahead in European and global markets from Kevin Buckland
Les mer »
Kevin Smith describes his 'complete break from reality': 'It was scary'Kevin Smith, who wrote and directed 'Clerks,' opened up about his mental health in a new interview. The actor suffered a 'complete break from reality' in 2022.
Les mer »
'I Was In A Weird, Dark Place': Kevin Smith Opens Up On Mental Health, Trauma, & HealingClerks and Chasing Amy director Kevin Smith opens up on issues regarding mental health, past traumatic experiences, and the process of healing.
Les mer »
Kevin McCarthy Got His Debt Limit Win—Now Comes the Hard PartAfter months of planning, weeks of frenetic negotiating, and days of doubtful speculation, House Republicans on Wednesday passed a bill—barely—to lift the federal government’s debt limit and drastically cut spending. Now comes the difficult part.
Les mer »