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Global US-Dollar Shortage - Are We Already in a Recession?

Byebye Penis

Alfrescian
Loyal
2023-11-03_14-28-56.jpg
 

Byebye Penis

Alfrescian
Loyal
China needs to peg yuan soon - 7.30 now

The Chinese central bank kept such a tight grip on the reference rate, sending its volatility to almost zero, something that last took place 13 years ago. From the onset of global financial crisis in 2008 to the middle of 2010, Chinese authorities essentially pegged their currency at 6.82 per dollar.

China should do it again.

onshore%20yuan%20daily%20closings.jpg
 

ChinaCommunistSG

Alfrescian
Loyal
China needs to peg yuan soon - 7.30 now

The Chinese central bank kept such a tight grip on the reference rate, sending its volatility to almost zero, something that last took place 13 years ago. From the onset of global financial crisis in 2008 to the middle of 2010, Chinese authorities essentially pegged their currency at 6.82 per dollar.

China should do it again.

onshore%20yuan%20daily%20closings.jpg
Why need to peg yuan to usd ? When Chinese yuan is commonly accepted as gold currency
 

Byebye Penis

Alfrescian
Loyal
I hope China to bankrupt soon
China just need to depreciate their currency a little more like Yen, confiscate foxconn & alibaba and nationalized their over-geared property companies, they will be fine.

They can also integrate HK and Macau's reserves (about 40-50% of China's reserve-size) to bail out their central bank. There is so much they can do.

Read this: China's Grand Strategy - The Four Wars
https://kunstler.com/clusterfuck-nation/the-four-wars/
 

ChinaCommunistSG

Alfrescian
Loyal
China just need to depreciate their currency a little more like Yen, confiscate foxconn & alibaba and nationalized their over-geared property companies, they will be fine.

They can also integrate HK and Macau's reserves (about 40-50% of China's reserve-size) to bail out their central bank. There is so much they can do.

Read this: China's Grand Strategy - The Four Wars
https://kunstler.com/clusterfuck-nation/the-four-wars/
China better confiscate all foreigners assets
 
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