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Economy
China Rattles Markets With Yuan Devaluation
2015-08-11
Posted by:DarthVader

#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  

#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  

#2  China forces paycut on it's workers.
Posted by: Bright Pebbles   2015-08-11 19:08  

#1  Why does this make me think things are gonna get real bumpy real fast?
Posted by: DarthVader   2015-08-11 11:14  

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