I don't feel so good
Uh, Chinese bros
devaluation is based you retarded fucking mutt
t. European
american education
China just got more competitive in world markets, americans are so fucking stupid lmao
the US is tied to China whether we like it or not. If we go down they go down. If they go down we go down.
If they go down we go down.
I don't think so, Tim
chink internet defence force
that qt asian girl in your class got a White bf btw, dont even try
seething insectoids and their mental gymanstic copium, gotta love it
China devaluing their currency is unfair
Start trade war to partly stop china from devaluing their currency
Yuan devalues
Haha get owned China!
I don't think so, Tim
you're about to find out, in case you don't remember 2020 and 2008
China devalues it's currency by 125%
checkmate blumpf
talking shit on an American made image board
gtfo
How is the weather in Beijing today?
currency devaluation is only a problem if it causes inflation, which considering oil prices have dropped, it probably wont
I thought the RMB was basically pegged through exchange restrictions
I said "if."
I didn't say OP was right, or wrong. I said if we go down they go down. If they go down we go down.
that sucks, but china is a monster we created and we're still tied to it.
The Dow was up 2,962 points today for the largest one day point rally in history.
There have now been twelve 1,000 point gains in history and President Trump has 10 of them
chinks are intentionally making life miserable for their bug colony so they can then direct that anger at an external threat and demand war. its kikery 101 and all communists including chinks follow this doctrine
come on, lets be honest here. if he didn't bring us down in the first place it never would've happened
The chinese aren't consumers like the US. They literally don't care about the buying power of their currency.
They're making life miserable for their people by... protecting their jobs.
Great copium there.
Face it, the world left America behind. No one will come to the table.
.t
The chinks intentionally tank their currency to boost exports retard, it's literally one of the things that we accuse them of cheating with.
It will help you cope with your 104% prince increase in the US.
their jobs
you mean the ones they stole from us then converted to slavery
Face it, the world left America behind. No one will come to the table.
cant even secure your own borders
cry about the guarantor of global commerce
A special kind of cope.
prince
You let the jobs leave in the 80s. no refunds!
>cry about the guarantor of global commerce
You mean China? It certainly isn't America anymore. Half the world's top trading partner is China, while Americans let everything leave in droves because Ronald Mcdonald said some funny soviet jokes.
Retard or ESL?
I don't think you retards realize why the Yuan devaluation is good. China has to import Oil, LNG and Food. It becomes a lot more expensive for them to this with a low yuan value. China struggles with feeding there population with a high percentage of their population facing hunger insecurity and about 28% of their paycheck goes to groceries. Add this on top of record high youth unemployment and the manufacturers getting hit with tariffs you get a recipe for instability and volatility in mainland China.
Fucking kek China is just going to devalue its currency to undercut the tariffs. Why the fuck are we in a wage slave competition against wage cage the country.
So you're saying Trump is wrong?
I think the key concept is that Trump is not real and homosexual.
Its good when you want to export things at the cheapest possible price. What is china gonna do? Indefinitely devalue their currency?
Its a zero sum game at this point for the chinks.
This means they will attack Taiwan sooner rather than later, and the global economy will slide.
All he has said is that the government manipulated their currency is bad practice but its clear the plan is to use it against them. Outside looking in it seems like they are trying to squish Xi and the CPP on both sides from an already unhappy chinese population and the tariffs creating a rock in a hard place. They are devaluing the yuan to their own citizen's detriment to appease the US consumer
There is no incentive to attack Taiwan. Why would they want to rule a tiny tropical island with almost no natural resources full of people who don't like them and risk economic sanctions from entire west (worst than current tariffs)? It would be easier to control Taiwan with soft power.
yes but...racemixing
mutt moment
It would be easier to control Taiwan with soft power.
They blew that with the Hong Kong crack downs.
Yea, that is not what the Trump administration is saying in every interview, so I don't know what you mean by " its clear the plan is to use it against them." If it was clear, there would be no market volatility.
they can seize TSMC (semiconductor manufacturer) for one, then say goodbye to the american tech sector and stock market
this board, man....
does anyone know what % of this board is either bots or kids?
they can seize TSMC
Nope, Taiwan can just blow up TSMC plants if they are losing. You also need the engineering expertise and supply chain.
smoggy
You don't think Taiwan would destroy everything scorched earth? Do you realize they'd be going from living in a country with a pretty good quality of life to the absolute worst on the planet?
Basically the Russia Ukraine situation except Taiwan actually has something to lose.
Taiwan can just blow up TSMC plants if they are losing
achieves the same affect
Chinabros...not like this..