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> The RMB and Yuan seem like good longterm investments IMO despite the current volatility in Chinese markets. Debt to GDP is 282% and on a trajectory to hit 50
by rrggrr 10y ago
> The RMB and Yuan seem like good longterm investments IMO despite the current volatility in Chinese markets.
Debt to GDP is 282% and on a trajectory to hit 500% if action is not soon taken. There is no long term upside if debt is not reduced.
> China's abilities to counter US attempts to devalue and destabilize their currency
China's exchange rate is set by China alone. If there is destabilization taking place it is capital fleeing China in anticipation of a debt crash and asset bubble implosion.
> the collapse of the Yen spurned by American economic manipulation.
The Yen is suffering from a demographic crisis where younger workers are far outnumbered by an aging population. This is problem in a number of countries.
Hopefully you're being paid in USD to post this propaganda.
- abysmallyideal 10y agoSure, you can cherry pick your data all you want. If we look at their infrastructure and military costs, they are within the ballpark to recover gracefully. As for currency manipulation, did you conveniently forget that the US bailed out the banks to the tune of trillions with no jail times except for one lower end employee? Their own economic manipulations and fraud created a bubble that collapsed the Euro, strengthening the dollar. Long term perspective is still quite good, and although you want to sputter your freedom eagle bullshit at anything you think is non US, it remains an attractive invest and forget investment option.