So China and Korea are about to fuck over the US, and other countries

PS

Chinese economy: 1930s beggar-thy-neighbour fears as China devalues - Telegraph

The central bank has shifted the central peg of its dollar band twice this week in a calculated move that suggests Beijing aims to offset the precipitous slide in Chinese manufacturing by trying to gain further export share abroad.
The futures markets are pricing in a 6pc devaluation over the next year. "This is clearly a big shift in policy and we are now on alert," said Simon Derrick, currency chief at the Bank of New York Mellon.
Click to expand...
 
Why don't you lead with real articles? I don't know if you want to be dismissed as a fucking joke or what.
 
I don't mind. They are just subsidizing U.S. consumers.

Russia is also looking to devalue by 20% or so

If you were thinking about buying imported products...wait a few months. They will be cheaper.
 
I'd check this out but now that Bush has cancelled the elections and declared marshal law I no longer have internet service.
 
computer_bomb.jpg
 
Hey orbital :)

Do things like this make it easier or harder for you to sleep at night?

Kind regards
DrSupey
 
They're real bitter (or maybe "glum" is a better word) right now with all the cut backs in American-consumed products' factories. It's not a HUGE deal for their economy or anything, but people are going to have to be less extravagant than they'd like for New Year's.
 
imagine if theres someone on another forum even worse than orbital who uses orbital's tw threads as a source of information

:shock:
 
I see the words "about to" and can't help but laugh. You mean companies backed by socialist governments negatively affect our trade? Really? Oh they're manipulating their monetary systems to our free market detriment? Wow, that's news, color me informed.

I'd ask you why you left out the Bank of Japan, but you have never, ever, had the first fucking clue what it is you're talking about.
 
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