HEADING STRAIGHT DOWN WITH NO SURVIVORS
lol whites fucked
Dedollarization in progress
>>536001191If they had imported 10 million jeets like America did this wouldn't be happening.
>>536001191oh yeah, the country that has automated manufacturing of half the shit the world is using is done, it's over for China
>>536001191learn to read a chart nigger, that shows the US dollar collapsing on the yuan>Year-over-year: This is the bigger move. A year ago it took about 7.20 yuan to buy 1 dollar, versus roughly 6.78 today — meaning the dollar has lost about 5.7% against the yuan over the past year. The 52-week range runs from about 6.82 up to 7.31. CurrencyLiveYahoo Finance>So the overall picture: the yuan has strengthened meaningfully against the dollar over the past 12 months, and the chart is currently testing the lower end of that range near 6.78 after a slow, low-volatility decline.
>>536001434>if they imported 10 million jeets the value of the yuan wouldn't be rising relative to the dollarmost likely correct
>>536001469yeah, faggot OP is implying that China won't be able to offer cheap shit anymore. He forgets that if that was the case, CCP controls the currency, they could have kept it down but they are now changing the tune themselves.
>>536001191But I thought PRC and some other countries was dumping US bonds because of the debt, which would cause the dollar to fall?
>>536001191lol India's chart is the opposite
>>536001191Ok keep me posted
This shows an appreciation of the CNYYou used to need 7.2 to buy 1 dollar, now you only need 6.7. This being said it's mostly political and doesn't reflect economic reality, china controls its exchange rate tightly
>>536001549yes, this is exactly what this chart shows happening
Nothing ever happens.
>>536001191Again?
>>536001191>CNY>cunnyuhhhhh
>this thread againAll chinks are rats.
>>5360011912 weeks
Well that's... odd.We're at a pegged level??????
>>536001621OK thanks, not only is OP’s thread misleading, but the chart is mislabeled by saying USD to CNY. This implies the amount of dollars to buy a Yuan. Readers have to go all the way to the axis labels on the right, and to intuitively know which currency buys a greater number of the other one.
>>536001716Sure, but strange things are afoot:>>536001799Why would this thread be made..... NOW? Isn't that very odd?fwiw, the situation with china always seems paradoxical. In 2014, chinese manufactured goods weren't more expensive than in 2005, for Americans.oh wowai leo:>Efficiency Gains: Between 2005 and 2014, Chinese manufacturers significantly improved productivity and moved up the value chain. While wages rose, the cost per unit often remained competitive because factories produced goods faster and with less waste, offsetting some labor cost increases.So from 2004 to 2014, the end consumer of chinese crap, in the USA didn't see a price change.So, what I am guessing is that china is replacing humans with humanoid robots, in the manufacturing process. We'll see if this is true, but if so, expect usa street prices for chinese manufactured goods to remain basically the same despite changes in the currency.
>Epstein tax payer cope threadI know you're too poor and unable to, but you should take a drive around all the towns that used to manufacture all the steel. Compare those towns to China's worst. You'd choose the China town. Well.... maybe not since most of you enjoy black cocks anyways.Get back to your wage slaving for your pedo masters you weak goyim. YEa! china sucks!!! America number 1!! I pledge allegiance! Googoo gaa gaa
>>536001191DXY has been extremely stable since March of last year which means that this is the CNY gaining in value more than the US losing value overall. What this means is that importing stuff from China is becoming more expensive. China is countering this by just producing so much stuff that prices are low enough to still be worth it but that relies on a rather large amount of subsidies and just accepting that a factory is probably going to have to run at a loss to ensure they keep market share. China is fine with this because the alternative of factories shutting down is bad for people looking for jobs (though with China's demographics fucking up i'm not sure how long this will be an issue actually china relies on exports for GDP growth so this still makes sense that they want to keep exports up since they NEED to meet their quotas)
>>536001845op's thread is amazing. It comes straight from the butthole of the prc. Look at this chart:>>536001799My speculation is that china is using humanoid robots to reduce costs, so that they can handle a higher yuan.
>>536002005Make sure you look at this chart:>>536001799and consider the prc itself is pushing the shilling of the currency NOW.That's extremely interesting, and I think it means they are switching to humanoid robots to reduce costs, so that they can offset the issue of a higher yuan.
>>536001191They have 2 weeks at most.
>>536001469The reality is that it isn't yuan that gets more valuable, it is us dollar that loses value. China tries hard to keep the currency's value stable. US of A does the opposite, they inflate away (You)r money.
>>536001510Yuan rising is bad for a net exporter. Beijing has undervalued the yuan for years on purpose. Makes exports more profitable. Dollar value increase is good for a reserve currency and international trade currency. Trump's plan to devalue the USD and spike the price of the yuan to sabotage Chinese exports is working. That's how you bring manufacturing and exports back to the US.
Op has no fucking clue
>>536002036Some quarter-assed reasonings.
>>536002005>DXY has been extremely stable since March of last year which meansall western currencies are crashing against the currency of the Masterrace
>>536002102>causing inflation in the middle of a fuel crisis is actually a good thing, trust the plan
do I still have to learn Chinese?Respond please
>>536002036This time for sure. Im sure you can feel it. Your shill bank account sure can.
>>536001191Within 10 years, and probably sooner, the Chinese Yuan will be worth more than American Dollars
>>536002102Are the manufacturing jobs back in the country with us right now?
>>536002442We can produce our own oil and fuel if we simply invested into it. This do-nothing-produce-nothing economy is not working, you're watching it fail in real time and yet you still shill for the current order
>>536002633That's bad. Their entire economy is manufacturing-export based, nobody is going to buy shit from China if the yuan will even dwarf the euro in value
>>536001695I thought you worshipped rats? Oh wait. That's Jews. I always get them confused.
>>536001434Go to any mall in America these days. It's all browns.
>>536002762>implying I don't want this gynocratic feminist shithole country to fail
>>536001191Haven't they manipulated their currency for years?
>>536001799>peggedKek
APOLOGIZE
>>536001440We hear Americans can barely afford rent, food, and gas. They're going to make those a priority over Chinaman goods, outside of necessities.
good I hate china I wish Japan was our big problem again they're better.
>>536003179are you saying china is going to put wellfare into its people?unlikely china has mastered treating its people like shit.chinease people just sit there and take it, you cant even drink or eat shit with out getting heavy metal poisoning
>>536001191>7.2>6.8zoom out you ass!
>>536003388>are you saying china is going to put wellfare into its people?>unlikely china has mastered treating its people like shit.>chinease people just sit there and take it, you cant even drink or eat shit with out getting heavy metal poisoningAmericans will say this with a straight face.
>>536005753> they make films of people working really hard to over come how shit their country is.geez why would they make a movie about a guy working really hard so every one in their apartment building can have clean drinking water.
>>536001191i can't believe they still fall for thisthis is the dumbest board probably in the whole internet
>>536001191i thought you niggers wanted to bring back manufacturing to your country.how are you going to do that with a strong currency ?
>>536001191>Chyna economy collapsing >present chart of Usd loosing valueWhat does op mean by this?
>>536001191what a dumb mutt
>>536001434Unironically correct
>>536001191
>>536002102They're never coming back.China already won that game.
Masterclass bait thread. Good fucking work OP.
>>536001191why are mutts incapable of reading charts
>>536001191Now zoom out
This thread is an IQ test.
>>536001191this phenomenon is called tariffs evasion - put 50% tariff on some country - country devalues its currency by 50% so its still the cheapest...Chinese want to be world factory and they dont take no for an answer...
>>536001191tl;dr their growth has completely stopped, there is simply not enough work to go around and a lot of people are jobless. Long term this is good IF we manage to figure out AI and truly automate the whole of society. Short term yeah chinks are fucked, and honestly even long term the average chink is fucked because he'll still be jobless and told >okay here's your free less than studio sized apartment and subsidized rice, if you want to 'purchase' any additional amenities in your natural life please sign up for community service, the wait list is on average [AI Voice] THREE. YEARS. but the government and corpos will be happy.
>>536011997This coupled with their population collapse means it's gonna get rough for the average bugman for the coming decade
>>536009145>Orthodoxso greeks and russians ? or Pharissees ?
>>536001191typical rural village miga retard from nebraska
>>536001598Doesn't China need cheap money or they implode
>>536002085Yes, I believe so, because the peso rebounded a bit vs the dollar too, and it sure as shit wasn't our sound fiscal and economic policy.
