Yuan-a fight?

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This week on “Money talks”: Donald Trump accuses China of being a “currency manipulator”, how yield curves help predict growth and recession and life in a city without Uber

after the Chinese currency “po qi” or “cracked 7” against the US dollar— a psychologically significant value—for the first time in over a decade. How will this escalation of the US-China trade war affect global markets? Also, how useful are.

after the Chinese currency “po qi” or “cracked 7” against the US dollar— a psychologically significant value—for the first time in over a decade. How will this escalation of the US-China trade war affect global markets? Also, how useful are
 

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r_shanbhogue Thé US Government by exercising maximum pressure, abusing of tariffs and economic sanctions as part of an aggressive position, that Bolton&Pompeo articulate constantly, against countries with that the US have political differences; is trying to by coercion, impose it’s agenda.

r_shanbhogue Apparently, The Economist doesn't read The Economist. A currency war has been raging for decades and this publication has often cited Chinese devaluations and manipulations to undervalue the yuan against the Euro, the $, and even other Asian currencies.

r_shanbhogue The fall of the dollar will be eminent, it is pure paper and the YAUN is backed by gold.

r_shanbhogue I thought y’all had sworn off the bad “yuan” puns!

r_shanbhogue Trumps business model is Bankruptcy He knows nothing else China 🇨🇳 & USA 🇺🇸 Tick tick tick

r_shanbhogue Not if you consult with a realistic expectation and empathy apathy and patience also long term relations and positive growth for later too rather than cashing the check now think of the children

r_shanbhogue

Trump accuses China of being a currency manipulator? From South American countries to Iran and Iraq (helping Saddam into power) which country has a history of backing and supporting Regime Change?

OK, so we have alienated Europe, Iran, China and each other

China is working in overtime to devalue their currency right now... the DOW is going to take BIG hits and crypto is going to see a large pump..... Do the right move turn that fiat into Bitcoin and thank me later

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Stocks Close Sharply Lower as Yuan Reels and Trump Jabs at ChinaStocks were pummeled by selling, pushing indexes from New York to Shanghai lower, as the yuan slid and fresh trade threats between Beijing and Washington raised fears of an economic slowdown. Wow a whole 7 months ago. Fear mongering again. Can almost taste the sweet victory with winning the trade war. Can't you? Since...last December. Gee, all the way back then huh?
Source: WSJ - 🏆 98. / 63 Read more »