SERIOUS CHINK SHIT

Or, you know, they will put all their assets in US dollars and US homes.

what does this mean exactly? good for us and bad for china?

>Yuan hitting $7.1 soon
So the Yuan is going to increase in value by a factor of 50?
Yang will be able to buy all the votes and shills he needs and still have money left for a nice Labrador BBQ.

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isn't this why they bought up us homes? they knew their currency was shit.

think of the '/' as a "per". for example, 1 USD per X yuan. you are reading it as the opposite. 1 USD = 7 CNY not $7 USD per CNY

How do the triads play into this? I read that some of them were beating down protesters.

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OP cant read the data in his own pic. it takes 7 dollars to equal 1 yuan. even gold backed there are how many units of yuan there are in circulation and how much gold they have

also gold has a value cap per ounce . wallstreet cant bloat it all willy nilly anymore

No, that means that $1 USD gets you 7.1 Yuan- that's a weaker currency. I was wrong in my opening

a bit, they buy property overseas because it is easy to do, so it becomes an easy and quick way to send their money overseas where it is safe from the hands of the CCP, enemies within the CCP often have corruption charges brought against them and all their wealth confiscated

retard, it takes 7 yuan to equal $1usd

do you know what a fraction indicates?

US real estate is exempt from money laundering laws. Anyone who engages in criminal enterprise on behalf of three letter agencies is allowed to park their cash in the US by buying homes, which drives up the the value of the market.

Great for boomers, but destroyed future generations ability to buy homes and raise families.

Don't forget to hang the boomers with the jews.

So is this good or bad you retards?

Everytime China has a paper chase ti valves off into BTC. I'm sure its spiked to around $12k by now.

No one actually knows except for maybe some Rothschild tier algos plugged into NSA with access to the books of every hedge fund on the planet.

On the normie tier level, the yuan dropping means that US customers don't experience as much of a price shock from tariffs going up on Chinese goods. This sort of re-balancing is conducive to stability, but .....

Funds can make large directional bets on the currency direction and get it wrong. If you thought tariff unwinds were more likely than more tariffs, you might have large bets in the other direction. There are so many high leverage derivative betting options available that funds can be "solvent" one minute and disorderly unwinding 5 minutes later. Take a look at James Cordier's fund blowup last fall when natural gas prices started moving against him - $150M fund.

You just don't know when some firm is going to blow up $10B and threaten the solvency of a bank, which can trigger unwinding that moves asset prices enough to threaten solvency of a second bank ... and you get the idea. These things cascade in unpredictable ways, and will always be systemic threats.

Lol the markets are so weird right now

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not quite, and 12k wouldn't be a huge increase anyway compared to the volatility you see with buttcoin

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well if you took a trip to china now and brought some of your usd along you could perhaps get more stuff at their stores then you could at a store here in the states, because $1 = 7 Chinese bucks

who else didn't rebuy after the drump tweet bottoming out?

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i have like $10 in bitcoin

Hong Kong is really putting Americans to shame with their protests.
I keep hearing the excuse the US is too spread out to accomplish anything, even though there were thousands at OWS nationwide and just the other day a few hundred protesters outside the White House demanding gun control.

Probably the Chinese government paying them

1 workplace-safety-hazard-bux is equal to 1 danish kroner. What does this mean?!?!

they are chicom stooges, they work for the chicom party basically.

probably who is making the fentanyl at the chicom's behest to kill americans

Their gubermint wont help them now most of them got help

That's just the huge gap between the American people and what the kind of hysterical narrative the media and democrats have been pushing. If tomorrow your government erazed the second amendement on a federal level, I'ld expect your country to break apart.

They’re doing this on purpose so as Trump can’t accuse them of currency manipulation.

That's a lot of sevens

>chinese roman candle drive-by
my sides

The things in HK are irrelevent compare to this.

Bart it

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GET IN THIS THREAD FAGGOTS, THE CHINKS ARE RIOTING.
MULTIPLE LIVESTREAMS!

>OP cant read the data in his own pic. it takes 7 dollars to equal 1 yuan.
Other way around retard. Yuan is going to shit.

Isn't it the opposite? Yuan is losing in value because of the trade talks stalling, so they are down valuing it to increase their exports toward the US.

>increase their exports
But it also fucks them over, because they can't afford to import anything, like oil and food.

China does not float their currency.

>China does not float their currency.
That's why the 10% collapse and protests in HK are a big deal.

dont float bitch

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It is bad as it means that Chinese idiots (which are our last chance) are yielding to globalists pressure and Jews are regaining control.

American education at its finest, folks...

That’s not necessarily a bad thing. The chinks devalue their currency so we buy more of their shit.

Man i hope trump keepa adding more tarrifs. Fuck china. So sick of their cheap shit. Eventually 1 dollar will equal as much as a house. I really dont like that country.

It's bad (or good depending on perspective). Google "race to the bottom" and it will give you an idea. Basically this is the currency war equivalent of nukes and shortly thereafter real war may take hold. I'm all for it personally, I want this shit show to end already.

Won't it be just west coast and Canada house market crashing?

Any tanks yet?