China’s yuan sinks to 10-year low against dollar

[Götterdämmerung]

 

[Wine&Steak]

Peter Schiff - ha ha. you can always bet against him. take your position, against wahtever he says and you make money. He has been wrong about US for past 10 years. Just google.

 

[Feng Leng]

https://www.defensenews.com/pentagon/2018/10/26/its-official-dod-told-to-take-cut-with-fy20-budget/

 

[Götterdämmerung]

Peter Schiff - ha ha. you can always bet against him. take your position, against wahtever he says and you make money. He has been wrong about US for past 10 years. Just google.

Why not the last 11, 12 or 13 years? Oh, it's when he warned of the crash that happened 10 years ago.

LOL

 

[LeGenD]

This is good read: https://www.scmp.com/news/article/2...ity-slows-more-expected-trade-war-intensifies

Chinese Yuan is declining in value but the ongoing trade war have started to take its toll on Chinese manufacturing. China's PMI have fallen from 50.8 to 50.2 by now.

Next round of imposition of tariffs would cover the entire Chinese product base; major escalation point. Problem is that this trade war will spillover to other countries.

Hopefully Donald Trump and Xi Jinping would sort out this issue ASAP.

 

[艹艹艹]

We did not manipulate the exchange rate

 

[nahtanbob]

china has to accomadate trump or make him go away