Views: 939|Replies: 2

China's 611 Will Shake China to Its Foundations. [Copy link] 中文

Rank: 8Rank: 8

Post time 2014-11-3 17:30:36 |Display all floors
CHINA'S 611 IS COMING SOON!

China's PMI according to Markit rose in October 2014 to 50.4 from 50.2 in September 2014.

There were sighs of relieve all around, that China's decline is stopped, somehow, even while the PBOC has continued its relentless and baseless revaluation of the Yuan, against the backdrop of a slowing economy, to 6.114 Yuan/USD.

This is economic suicide, and is entirely self-inflicted on China, by the PBOC.

China's current greatest security risk is that the PBOC may revalue the Yuan further to 6.11 Yuan/USD.

When the Renminbi exchange rate is raised to 6.11 RMB/USD, it is quite likely that the PMI of that month will fall below 50.0.

This will cause enormous changes in China's economy, and unemployment will skyrocket, even as workers uprisings and strikes are likely to ensue that will endanger the present government under the able leadership of Xi.  It will set the stage for TAMII, when the RMB exchange rate reaches 6.11.

Use magic tools Report

Rank: 3Rank: 3

Post time 2014-11-3 18:03:25 |Display all floors
one thing for sure-  in china. strikes will never endangered Gov

Use magic tools Report

Post time 2014-11-8 03:36:19 |Display all floors
Reminder: Author is prohibited or removed, and content is automatically blocked

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.