Article

2015-08-11 Economy

China Rattles Markets With Yuan Devaluation

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Posted by DarthVader 2015-08-11 11:13|| || Front Page|| [3 views ] Top

#1 Why does this make me think things are gonna get real bumpy real fast?

Posted by DarthVader 2015-08-11 11:14|| 2015-08-11 11:14|| Front Page Top

#2 China forces paycut on it's workers.

Posted by Bright Pebbles 2015-08-11 19:08|| 2015-08-11 19:08|| Front Page Top

#3 Yes, but it keeps them employed. You know - idle hands etc. I believe a previous emperor used such to build a great wall.

Posted by Procopius2k 2015-08-11 19:34|| 2015-08-11 19:34|| Front Page Top

#4 Lotsa talk on the MSM-Net about China-led anti-US Trade war + new pan-Asian Currency Wars as a result of this action.

* See BLOMBERG > DOW JONES INDUSTRIAL AVERAGES IN A "DEATH CROSS" FORMATION.

Price momentum fizzles out as already Weak andor Negative Markets may turn downward.

* SAME > US STOCKS DECLINE WID GLOBAL MARKETS AS CHINA DEVALUES YUAN

Posted by JosephMendiola 2015-08-11 23:26|| 2015-08-11 23:26|| Front Page Top

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