Author: abramicus

FINALLY, CHINA IS BREAKING THE CHAINS OF AN OVERVALUED YUAN!!! [Copy link] 中文

Post time 2015-8-14 12:38:24 |Display all floors
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Post time 2015-8-14 12:45:12 |Display all floors
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Post time 2015-8-14 13:22:23 |Display all floors
incarnate Post time: 2015-8-14 12:45
Miracles don't happen all the time. China needs more sound and properly planned money policie ...

I am sure they don't need specialists  from Heartland.



I've made my living, Mr. Thompson, in large part as a gambler. Some days I make twenty bets, some days I make none. There are weeks, sometimes months, in fact, when I don't make any bet at all because ...

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Post time 2015-8-14 13:52:58 |Display all floors
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Post time 2015-8-14 14:14:21 |Display all floors
incarnate Post time: 2015-8-14 13:52
Looks like the pack in the "Drink Tank" has been very active in China. Very dangerous for China ind ...

NOW, JAPAN AND THE IMF CAN REST ASSURED THAT THE YUAN WILL REMAIN OVERVALUED . . . AT 6.40 CNY/USD . . . FOR ANOTHER LONG, LONG WHILE.

THE MARKET HAS CLEARLY DEMONSTRATED THAT THE YUAN IS OVERVALUED.

When the Yuan exchange rate was 6.21 CNY?USD, as soon as the market was ALLOWED to freely dictate the value of the Yuan, it dropped all the way to 6.52.  But the inmates have retaken the asylum, and forced it back up to 6.40 CNY/USD.

Now Japan can rest assured that it will continue to suck the blood from China's manufacturers, albeit at a slower rate, as the amount of products that China can export will be increased to some degree, leaving enough for Japan to feed on, practically for free, while Chinese factories have to skimp and save, shaving their profits, and also their wages to the workers.

The devaluation of the Yuan is INCOMPLETE, and China will continue to experience SLOWING DOWN OF ITS ECONOMY IN ORDER TO BENEFIT JAPAN.


A CLEAR SIGN THAT THE NEW CORRUPTION IS NOW THE NEW NORMAL.


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Post time 2015-8-14 14:17:57 |Display all floors
IT IS BECOMING CLEAR THAT CHINA IS A BASKET CASE IF IT CANNOT EVEN DEVALUE ITS CURRENCY TO A MARKET-NEUTRAL VALUE THAT IS ONLY FAIR AND SQUARE TO ONE AND ALL.

FORGET THE CHINA DREAM, IT IS ALREADY A NIGHTMARE.


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Post time 2015-8-14 15:19:53 |Display all floors
abramicus Post time: 2015-8-14 14:17
IT IS BECOMING CLEAR THAT CHINA IS A BASKET CASE IF IT CANNOT EVEN DEVALUE ITS CURRENCY TO A MARKET- ...

Reserve currency don't get devalued..........
I've made my living, Mr. Thompson, in large part as a gambler. Some days I make twenty bets, some days I make none. There are weeks, sometimes months, in fact, when I don't make any bet at all because ...

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