Author: sunnylin01

Will Soros crash the Chinese yuan?   [Copy link] 中文

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Post time 2016-1-30 23:29:58 |Display all floors
This post was edited by sfphoto at 2016-1-30 23:45
voy Post time: 2016-1-30 19:19
Think why G.Soro said he will crash yuan?  and he never declared that he will attack Thai, Malaysia  ...
What is his intention now OPENLY declare to do so???
He and his behind group afraid yuan depreciation??

It's quite simple:

Because he wants to squeeze the shorts.


"Sell the rumour, squeeze the shorts".

It's the obverse of "buy the rumour, sell the news".







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Post time 2016-1-31 09:48:49 |Display all floors
no

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Post time 2016-1-31 18:13:51 |Display all floors
sfphoto Post time: 2016-1-30 23:14
His bosses run the show by pulling his strings.

That's why the lad is called Soldier of Fortune.
The French would name him a mercenary.
We consider his outfit a financial army employed by the

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Post time 2016-1-31 18:21:13 |Display all floors
voy Post time: 2016-1-30 19:19
Think why G.Soro said he will crash yuan?  and he never declared that he will attack Thai, Malaysia  ...

>He and his behind group afraid yuan depreciation??<

Well, I figure they're afraid of the Yuan itself.
Ups and downs are just Media reflection.
Paid media is a waste of money once the general public is awakening.
  

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Post time 2016-1-31 19:50:41 |Display all floors
This post was edited by sfphoto at 2016-1-31 20:02
bushier Post time: 2016-1-31 08:26

propaganda like these just make you think how desperate is the US trying to sabotage chinese economy lol. but those who deals business with china knows very well it is still their largest source of earnings. they should cooperate to maintain global stability and growth but instead jeopardizing other developing countries growth to just constrain china. very selfish act.

Soros mentioned that China's economy was bound for a "hard-landing" which is why he shorted Asian currencies plus commodity-producing countries. He never explicitly stated that he was shorting the Yuan although that was implied by the Chinese reaction.

What Soros et al didn't mention was that the U.S. economy is in far worse shape than China's, a fact which he conveniently ignored. As an Economic Hit Man (EHM), he's well known for fostering panic in the financial markets during several debt crises such as the Asian Financial Crisis and the Eurozone Debt Crisis.

China is already transitioning to a domestic-market services economy and away from low-cost manufacturing exports. The share of foreign trade to China's GDP has declined to around 15% and will decline further as commodity prices collapse and domestic products subsitute imported ones. In this insulated environment, foreign currency reserves and foreign exchange rates play a lesser role in the State-directed national economy than foreign trade-dependent economies.

China should learn from past financial crises to make sure that its financial markets are not subject to manipulation by speculators.

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Post time 2016-2-1 05:01:38 |Display all floors
All the money of Soros is a spit in the ocean compared to the Chinese economy.
He just wants to get his old, wrinkled up pig face in the news again.
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

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Post time 2016-2-2 02:32:17 |Display all floors
robert237 Post time: 2016-2-1 05:01
All the money of Soros is a spit in the ocean compared to the Chinese economy.
He just wants to get  ...

China opened a small window to let in fresh air.

Then a bunch of flies came in and made a mess.

China should install window screens to filter the flies.

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