Views: 4852|Replies: 28

EMERGENCY -- CHINA MUST LET THE YUAN DEVALUE BEFORE JAPAN REMILITARIZES! [Copy link] 中文

Rank: 8Rank: 8

Post time 2015-9-10 04:02:47 |Display all floors
This post was edited by abramicus at 2015-9-10 04:14

NO MORE PLAYING AROUND WITH WORDS AND LAME EXCUSES!

The PBOC has single-handedly given Japan hundreds of billions of dollars of exports that China forfeited because of its overvalued Yuan forcing manufacturers to overprice their goods in dollar abroad, and even their products in yuans inside China, favoring Japanese exporters to the whole world, even outbidding Chinese construction firms for infrastructure building in countries once favorable to China, such as Indonesia and Eastern Europe, and to China itself.

As a result, earnings of Chinese companies have declined, as exports was a major part of their revenue and profit stream.  The reverse has happened to Japan.  Not only has Japanese exports replaced Chinese exports abroad, they have even taken market share from Chinese manufacturers in China's own domestic market, as their products when priced in Yuans are now cheaper than domestically produced products.  As a result, Japanese companies are showing stellar increases in revenue and profits, the same as Chinese firms used to show, before the current economic team took over China, and forced its factories to lose their export markets, their own domestic markets, lay off workers, or shut down completely.

Today, the Japanese stock market rose by a stunning 7.7% in a single day, as it became apparent that despite the harsh lessons of an overvalued Yuan causing China to lose half a trillon in six months, with ongoing losses of 42-86 billion dollars every month going forward, trying to patch the holes in that the Titanic is taking from gashing itself against a self-imposed Yuan overvaluation of 6.20 just a month ago, and 6.38 this week, that its captain is pledged to maintaining the overvaluation of the Yuan until China's foreign reserves fall below its ballooning foreign debts, which turning point will happen within the next six months.  This is excellent news for Japan, because with China determined to wipe out its own foreign currency reserves, at the same time causing its factories to shut down, Japan's Next Economic Miracle is about to begin.  Better get in on the ground floor!

This is why the 7.7% rise in the Japanese stock market is very grim news for China.  Because with foreign capital now ready to finance anything that Japan wants to produce, it can outproduce weapons, ships, missiles, and everything that will enable it to enter into the Third Sino-Japanese War with every advantage on the ground, backed by a nuclear umbrella that costs it nothing to maintain.

China's last chance to avoid both economic and political disaster is to let the Yuan devalue RIGHT NOW.  

If China does not do this, its current leadership must be held accountable to its people, for all posterity, at the level of Wu Sangui, opening the gates for the enemy to enter at the point it is supposed to offer the greatest resistance and wage the fiercest defence - its economic survival - devalue or face the condemnation of a thousand generations!



Use magic tools Report

Rank: 8Rank: 8

Post time 2015-9-10 04:22:52 |Display all floors
This post was edited by abramicus at 2015-9-10 04:24

变态也,而非新常态

Use magic tools Report

Rank: 8Rank: 8

2016 Most Popular Member 2015 Most Popular Member 2014 Most Popular Member

Post time 2015-9-10 04:37:36 |Display all floors
Get over Japan the war is over

Use magic tools Report

Rank: 8Rank: 8

Post time 2015-9-10 05:32:59 |Display all floors
dusty1 Post time: 2015-9-10 04:37
Get over Japan the war is over

RATHER, THE WAR HAS NEVER ENDED, AND IS READY TO BEGIN AGAIN, WITH DIAOYUDAO FIRST, AND NOW WITH THE BANKRUPTING OF CHINA'S FOREIGN RESERVES AND FACTORIES BY ITS OUT OF CONTROL CENTRAL BANKERS AND POLITICAL HIGHER-UPS.

A REVIEW OF EVERY MEETING EVERY CHINESE OFFICIAL AT THE MINISTERIAL LEVEL AND ABOVE WITH ANY JAPANESE OFFICIAL OR BUSINESS REPRESENTATIVE IS NECESSARY IF THE GOVERNMENT IS SINCERE ABOUT ROOTING OUT CORRUPTION.

WITH THE COUNTRY LOSING HALF A TRILLION IN RESERVES, PLUS MORE THAN HALF A TRILLION IN FORFEITED EXPORT EARNINGS . . . FAILURE TO INVESTIGATE IS PROOF OF CORRUPTION AT THE TOP.



Use magic tools Report

Rank: 5Rank: 5

Post time 2015-9-10 05:46:30 |Display all floors
dusty1 Post time: 2015-9-9 21:37
Get over Japan the war is over

No it is not ! they want to arm there seniors and send them on a tour
Round Up is good for developing the mind

Use magic tools Report

Rank: 8Rank: 8

2016 Most Popular Member 2015 Most Popular Member 2014 Most Popular Member

Post time 2015-9-10 05:57:15 |Display all floors
Motika Post time: 2015-9-10 05:46
No it is not ! they want to arm there seniors and send them on a tour

Most of their seniors never saw action against the Japanese

Use magic tools Report

Rank: 8Rank: 8

Post time 2015-9-10 07:24:45 |Display all floors
This post was edited by abramicus at 2015-9-10 07:53

DEVALUE OR REVALUE - A LESSON ON HOW THE TITANIC SANK IN TWO AND A HALF HOURS HITTING THE BOTTOM WITH A SPEED OF 45 KNOTS

As more information surfaces about the events surrounding the sinking of the Titanic, we learn certain lessons about LEADERSHIP that applies both to the ship and the state, as aptly, governments are supposed to man and direct their SHIP OF STATE.

The sinking of the Titanic illustrated lessons in LEADERSHIP that apply quite closely to the events surrounding the modern economic super-Titanic, called CHINA, INC.

First leadership mistake - ignoring the dangers every ship faces - icebergs.  The Titanic set sail on April 10, 1912 from Southampton, England, passing by Cherbourg, France, and picking up passengers in Queenstown, Ireland, on April 11, 1912, and thence headed across the Atlantic Ocean.  Because of an unusually high tide in January 1912 due to the moon's proximity to earth then, more icebergs than usual had broken off Greenland and floated down into the Atlantic.  Captain Edward Smith received a radio message from RMS Caronia of unusually numerous icebergs at 9:00 AM of April 12, 1912.  This was confirmed by another radio message from Athenia at 1:42 PM, which Captain Smith relayed to the chairman of the White Star Line who was aboard the Titanic, J. Bruce Ismay, who ordered a southerly course.  At 1:45 PM, SS Amerika radioed it passed two large icebergs.  At 7:30 PM and 9:40 PM SS Californian reported more large icebergs, which repeated the warning at 10:30 PM but was told to "Shut Up!  Shut Up! I'm working on Cape Race (a relay station in Newfoundland)."  The Titanic continued at near full speed of 22 knots (maximum was 24 knots).  The monthly drops in PMI Manufacturing Index for the past 12 months were icebergs sighted or even floated by.  Without exports, most factories would take a hit on their revenues and earnings, some sinking because they could not pay off their debts to banks.  Full steam ahead, nevertheless, target is September IMF meeting to crown the Captain with the Tiara of IMF reserve currency for SDR, not that it matters, since the Yuan already commands 6% of all reserve currencies whereas the IMF's SDR commands less than 4%.  Keep the Yuan overvalued at 6.20, must be on time for the coronation in New York (coincidentally, where the Titanic was headed to also).

Second failure of leadership - confusion of direction at the top and of execution at the bottom.  Having sighted the iceberg, Captain Murdoch, then at the helm, issued a command to steer to the left, as the iceberg was ahead on the right.  The second officer, Hitchins, was trained to obey "Rudder Orders" that apply to steam ships, which means that when Captain Murdoch ordered to turn to the right, he had to turn to the right, but Captain Murdoch was trained on sailing ships, and issued "Tiller Orders" to turn right, meaning to set the ship heading to the left.  With only four minutes to collision time, and ten minutes needed to correct the mistake, the fate of ship was sealed.  It struck the iceberg at the bow to its right and flooded six water tight compartments, whereas it was designed to handle only four.  This was the equivalent of the collapse of the Chinese stock market when valuations hit the iceberg of poor earnings, on June 12, 2015, continuing its collapse to July 9, 2015, with aftershocks on July 27 and August 24, 2015.

Third failure of leadership - Chairman Bruce Ismay issued an order for ship to move "Slow Ahead." which turned the holes in the front of ship into gushing fountains of seawater that was being swallowed, literally, by the ship's bow, as a whale would swallow an ocean of krill, and thus, aggravating the damage, and causing the ship to sink in a record 2 hours 40 minutes, at 2 AM, when the hull broke into two, and with the bow dropping off at an incredible speed of up to 45 knots, separated from the rest of the ship by half a mile at the bottom of the ocean.  This is the equivalent of China using its foreign currency reserves at a rapid clip of 80 billion dollars a month, half a trillion in six months, after suffering holes in its manufacturing sector, of repeated falls in PMI for the past 12 months or more, and export volumes as well for the same period of time.  It is bad enough for the stock market to lose $5 trillion dollars of paper value, it is made worse by China's actual loss of cash in hard earned dollars, already sizable before the stock market collapse, due to lost export markets resulting from an overvalued Yuan, worth at least half a trillion dollars in the past two years, and now another loss of half a trillion dollars cash to keep the semblance of the ship moving ahead to its port of destination, New York, for the crowning glory of the IMF granting China's Yuan an international reserve currency status which China already had achieved on its own to a degree the IMF could not match.  

AND SO, THE SAGA CONTINUES OF THE CHINESE TITANIC CONTINUING TO TAKE IN WATER, AS IT MOVES "SLOW AHEAD" TOWARD THE IMF CORONATION EVENT IN NEW YORK, ON ITS MAIDEN VOYAGE TO INTERNATIONAL RESERVE CURENCY STATUS, IF IT DOES NOT SINK BEFORE THEN.  AND SINK IT WILL, WHEN THE FED RAISES INTEREST RATES TO STEM DOMESTIC INFLATION.  TOO BAD, THE FED HAS TO DO WHAT IT HAS TO DO.  

AS WE KNOW, THE TITANIC NEVER REACHED NEW YORK ON ITS MAIDEN VOYAGE.



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.