Topic: Devaluation of Chinese Yuan (Read 6844 times)
Yuan is now much more valued by market
Yuan devalution,China were keepin Yuan stabe last time,that time USAhad his QE,EBC now hasQE
Rates in USA and EuroZone are near zero
China GDP foorecast is 7%
China is rebuiding Silk Road
All that news can be good reason for sell off on westerness stocks and can createsome trouble in westerness economys
I am not expecting any pump on btc becouse of that
deisik carry on. You've never been able to carry logic from one post to the next, not since I first debated you in 2013 when I was AnonyMint.
I need to remember to not engage you in any discussion.
I need to remember to not engage you in any discussion.
I'm sorry that you have failed to fully embrace the point I was trying to convey. And, I'm afraid, you see only what your eyes want to see...
But you're welcome, nevertheless
deisik carry on. You've never been able to carry logic from one post to the next, not since I first debated you in 2013 when I was AnonyMint.
I need to remember to not engage you in any discussion.
I need to remember to not engage you in any discussion.
The US may not be in financial trouble right now...
That is what you were arguing for dimwit. Well good to see you refuted yourself, lol.
They say never argue with an idiot and this is why. You guys even forget what you were arguing.
Should I explain to you the meaning of may? But it doesn't really matter since I neither care if you can see the difference (which you obviously can't), nor do I care whether it actually does make any difference (i.e. may there be a financial crisis or not). As I said previously, I'm more interested in what happens in real economy behind the deceptive veil of financial data and abstract figures...
All paper will burn
Hey dumb ass trolls. In case you can't read, let me remind you that upthread we were talking the short-term Credit Default Swaps map that I quoted and deisik was arguing the USA was in more near-term CDS danger than China.
And I refuted him. And I am correct.
Of course I know the USA has worse medium-term and longer-term structural obligations. I wrote recently the West will decline perennially for the next decades, while Asia will bottom by 2020, because the West has $100s trillions in unfunded social liabilities that China and the developing world does not have.
Any more strawmen and obfuscation you fools want to hoist on this thread?
That is what you were arguing for dimwit. Well good to see you refuted yourself, lol.
They say never argue with an idiot and this is why. You guys even forget what you were arguing.
And I refuted him. And I am correct.
Of course I know the USA has worse medium-term and longer-term structural obligations. I wrote recently the West will decline perennially for the next decades, while Asia will bottom by 2020, because the West has $100s trillions in unfunded social liabilities that China and the developing world does not have.
Any more strawmen and obfuscation you fools want to hoist on this thread?
The US may not be in financial trouble right now...
That is what you were arguing for dimwit. Well good to see you refuted yourself, lol.
They say never argue with an idiot and this is why. You guys even forget what you were arguing.
If you dont think the US is in financial trouble you are deluded.
The US may not be in financial trouble right now. But its troubles lie much deeper, are a lot heavier to get rid of, and will have more lasting and therefore more devastating effects on the economy and society in the long run...
If you dont think the US is in financial trouble you are deluded.
You think this can go on indefinitely
Or how about the US Debt clock -
worth clicking the link to see just how fast that debt is growing which I believe has been proved to be mathematically impossible to ever pay back -
http://www.theusdebtclock.com/
You think this can go on indefinitely
Or how about the US Debt clock -
worth clicking the link to see just how fast that debt is growing which I believe has been proved to be mathematically impossible to ever pay back -
http://www.theusdebtclock.com/
There is no crisis in the USA right now. The Fed is preparing to raise rates. The dollar is growing stronger.
There is crisis in China, the stock market has crashed, the exports are collapsing, the Yuan is being rapidly devalued.
Please don't deny the obvious. That is very annoying.
There is crisis in China, the stock market has crashed, the exports are collapsing, the Yuan is being rapidly devalued.
Please don't deny the obvious. That is very annoying.
Oil is a key economic commodity, are you going to deny this?
WTF does that have to do with your assertion that the USA is in crisis?
Oil and all commodities are crashing because China and every where outside the USA is.
And the dollar is going up and the capital is stampeding into the USA. The USA is not in crisis now.
Please don't make me repeat it again.
Sorry, but you will have to come up with something more substantial than mere allegations. The US remains by far the largest consumer of oil, twice as much as China. Yes, China is in crisis right now, but you still didn't explain why it is in crisis, why its exports are falling. The US dollar vs other currencies is irrelevant here, real economy (goods produced, services rendered) is what ultimately counts...
You won't get away from these questions
There is no crisis in the USA right now. The Fed is preparing to raise rates. The dollar is growing stronger.
There is crisis in China, the stock market has crashed, the exports are collapsing, the Yuan is being rapidly devalued.
Please don't deny the obvious. That is very annoying.
There is crisis in China, the stock market has crashed, the exports are collapsing, the Yuan is being rapidly devalued.
Please don't deny the obvious. That is very annoying.
Oil is a key economic commodity, are you going to deny this?
WTF does that have to do with your assertion that the USA is in crisis?
Oil and all commodities are crashing because China and every where outside the USA is.
And the dollar is going up and the capital is stampeding into the USA. The USA is not in crisis now.
Please don't make me repeat it again.
OROBTC, Hillary is hiding she was involved in the Benghazi affair which was arms to Syria and the gas attacks on civilians, creating ISIS, etc.. Tens of 1000s of deaths on her hands at least.
http://www.armstrongeconomics.com/archives/tag/benghazi
http://www.armstrongeconomics.com/archives/14205
http://www.armstrongeconomics.com/archives/14268
http://www.armstrongeconomics.com/archives/13562
http://www.armstrongeconomics.com/archives/21995
http://www.armstrongeconomics.com/archives/21295
http://www.armstrongeconomics.com/archives/21964
...
IMO, China is much more risky, short-term, than the USA is, a least for investors.
The Tianjin explosion may have killed some 1400 people (rumors) as China is doing a full "Fukushima Mode" (lying and covering-up the scale of the disaster). Such blatant lies (more serious than even Hillary's server...) hint at a risky environment for outsiders...
IMO, China is much more risky, short-term, than the USA is, a least for investors.
The Tianjin explosion may have killed some 1400 people (rumors) as China is doing a full "Fukushima Mode" (lying and covering-up the scale of the disaster). Such blatant lies (more serious than even Hillary's server...) hint at a risky environment for outsiders...
There is no crisis in the USA right now. The Fed is preparing to raise rates. The dollar is growing stronger.
There is crisis in China, the stock market has crashed, the exports are collapsing, the Yuan is being rapidly devalued.
Please don't deny the obvious. That is very annoying.
There is crisis in China, the stock market has crashed, the exports are collapsing, the Yuan is being rapidly devalued.
Please don't deny the obvious. That is very annoying.
Oil is a key economic commodity, are you going to deny this? If its price drops more than two times (and has much room yet to go), isn't it an omen of something dire going on behind the scenes? China devalues Yuan to help their exporters, since the exports are collapsing... But why are they collapsing in the first place?
Market never lies
There is no crisis in the USA right now. The Fed is preparing to raise rates. The dollar is growing stronger.
There is crisis in China, the stock market has crashed, the exports are collapsing, the Yuan is being rapidly devalued.
Please don't deny the obvious. That is very annoying.
There is crisis in China, the stock market has crashed, the exports are collapsing, the Yuan is being rapidly devalued.
Please don't deny the obvious. That is very annoying.
The US is in crisis since 2008, I guess
Oh really
They recapitalized the banks.
Where is the crisis in the USA?
I speak about real economy, not the financial sector. Oil has dropped more than twice in value within a year. As I'm informed, they didn't invent perpetuum mobile so far. And in the absence of such the dramatic drop in oil prices can only be explained by massive contraction in demand (with all that it means for output)...
I don't believe in stories of oil over-production (this would be a consequence of the collapse in demand)
The US is in crisis since 2008, I guess
Oh really
They recapitalized the banks.
Where is the crisis in the USA?
The chart seems to be utterly misguiding, and I'm dubious if it really reflects the speculator near-term expectations. China, the largest single holder of the US government debt (10% of total US public debt) is shown in this chart as more risky than the US. WTF?
Near-term.
Who is in crisis now, USA or China?
Near-term.
Near-term.
The US is in crisis since 2008, I guess
The chart seems to be utterly misguiding, and I'm dubious if it really reflects the speculator near-term expectations. China, the largest single holder of the US government debt (10% of total US public debt) is shown in this chart as more risky than the US. WTF?
Near-term.
Who is in crisis now, USA or China?
Near-term.
Near-term.
deisik,
I slept. Here is a more coherent summary:
That chart reflects speculator expectations for the near-term. It does not reflect speculator expectations for the medium-term.
I slept. Here is a more coherent summary:
That chart reflects speculator expectations for the near-term. It does not reflect speculator expectations for the medium-term.
The chart seems to be utterly misguiding, and I'm dubious if it really reflects the speculator near-term expectations. China, the largest single holder of the US government debt (10% of total US public debt) is shown in this chart as more risky than the US. WTF?
Honestly, I don't understand what this guy writes about
deisik,
I slept. Here is a more coherent summary:
That chart reflects speculator expectations for the near-term. It does not reflect speculator expectations for the medium-term. Thus the chart does not convey the information that the northern European banks are highly leveraged to the PIIGS sovereign debt crisis, and so if the PIIGS default then the German banks will need a public bailout. Will the bailout come from the Germans alone or will the debt problem of the EU be consolidated onto a federalized EU with new taxation powers for the EU destroying national sovereignty. For me this isn't even a question. It is clear why this crisis was manufactured by TPTB.
Back on the point of whether we will see the End of Government. No. TPTB (the capitalist network that rules the dying Industrial Age) is consolidating economies-of-scale because the Industrial Age is dying. So the large fish must eat the smaller fish in order to survive.
The people are fooled and believe they need the Industrial Age socialism model and are clinging to that, thus they will ride this NWO down into its top-down centralized, eugenics destiny with the USA declining from April 2013 at its 224-year peak (when Edward Snowden made his final plans to expose the NSA) to an eventual breakup by the 309th year of its cycle.
So no end of government for the masses. Yet many people will adopt the individually autonomous Knowledge Age and break free from that morass much sooner. That is why there will be a mixed outcome, initially with a waterfall collapse outside the USA, then with a long-term declining West and a rising East after 2020. However that East will be much more totalitarian (top-down obedient) that we were accustomed to in the West (note my comment on the linked page).
I slept. Here is a more coherent summary:
That chart reflects speculator expectations for the near-term. It does not reflect speculator expectations for the medium-term. Thus the chart does not convey the information that the northern European banks are highly leveraged to the PIIGS sovereign debt crisis, and so if the PIIGS default then the German banks will need a public bailout. Will the bailout come from the Germans alone or will the debt problem of the EU be consolidated onto a federalized EU with new taxation powers for the EU destroying national sovereignty. For me this isn't even a question. It is clear why this crisis was manufactured by TPTB.
Back on the point of whether we will see the End of Government. No. TPTB (the capitalist network that rules the dying Industrial Age) is consolidating economies-of-scale because the Industrial Age is dying. So the large fish must eat the smaller fish in order to survive.
The people are fooled and believe they need the Industrial Age socialism model and are clinging to that, thus they will ride this NWO down into its top-down centralized, eugenics destiny with the USA declining from April 2013 at its 224-year peak (when Edward Snowden made his final plans to expose the NSA) to an eventual breakup by the 309th year of its cycle.
So no end of government for the masses. Yet many people will adopt the individually autonomous Knowledge Age and break free from that morass much sooner. That is why there will be a mixed outcome, initially with a waterfall collapse outside the USA, then with a long-term declining West and a rising East after 2020. However that East will be much more totalitarian (top-down obedient) that we were accustomed to in the West (note my comment on the linked page).
I read more carefully Armstrong's post. He says up to 309.6 years from the 224 year peak (which was 2013) to the breakup. So appears the USA won't be breaking apart in our lifetime.
We get to participate in the decline only not in the final breakup.
We get to participate in the decline only not in the final breakup.
The corporations are in it for themselves, not for you the USA citizen. With billions of people in Asia, the corporations can get rich seeing those billions rise from $3 per day to $20 per day, while the Westerner falls from $200 per day to $20 per day. Their profit will increase massively while the Westerner falls down to lower level.
April 2013 was when Snowden made his final moves to attack the USA and destroy it. Who will ever trust the USG again? I never will. The chart below was first produced in the 1980s. And it predicted exactly when Snowden would act.
http://www.armstrongeconomics.com/archives/16967
http://www.armstrongeconomics.com/archives/17972
April 2013 was when Snowden made his final moves to attack the USA and destroy it. Who will ever trust the USG again? I never will. The chart below was first produced in the 1980s. And it predicted exactly when Snowden would act.
http://www.armstrongeconomics.com/archives/16967
http://www.armstrongeconomics.com/archives/17972
Quote
The US will break up, but it should not go into a MADMAX event as long as we reach resistance from the people. If the people keep just watching their sports and never notice what the governments are doing to their future until it is too late, then it can go too far and that in the MADMAX event the ended the Roman Empire.
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