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Looks like the show might be over, XE's chart seems to show it reverting to 6.8
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# ? Dec 6, 2016 00:43 |
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# ? May 16, 2024 12:23 |
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Fojar38 posted:Looks like the show might be over, XE's chart seems to show it reverting to 6.8
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# ? Dec 6, 2016 03:49 |
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you weirdos
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# ? Dec 6, 2016 04:12 |
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https://twitter.com/hmacbe/status/807227347309051904 cool cool
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# ? Dec 9, 2016 16:29 |
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I have my doubts about some sort of crash. Maybe China will enter some sort of Japan mode. That's what usually happens with an economy without enough dynamicsm to eject itself from the doldrums when all of the technical approaches turn out to be just mediocre.
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# ? Dec 9, 2016 18:02 |
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Vladimir Putin posted:I have my doubts about some sort of crash. Maybe China will enter some sort of Japan mode. That's what usually happens with an economy without enough dynamicsm to eject itself from the doldrums when all of the technical approaches turn out to be just mediocre. A Japanese style 25 year deflationary cycle seems like it can only happen in a very stable country. I doubt that China has what it takes.
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# ? Dec 10, 2016 01:08 |
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Does the 50,000$ limit on taking money out of the country reset on January 1st?
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# ? Dec 10, 2016 22:00 |
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quote:
https://www.bloomberg.com/news/arti...m_medium=social Hey so um, between this motherfucker and anbang, are there any other fuerdai that actually are so called billionaires?
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# ? Dec 11, 2016 06:28 |
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https://twitter.com/tracyalloway/status/808136012769718273 lol
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# ? Dec 12, 2016 03:28 |
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That's definitely something.
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# ? Dec 12, 2016 03:30 |
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‘revive the A shares, benefit the people; revive the A shares, benefit the people’ ‘revive the A shares, benefit the people; revive the A shares, benefit the people’ ‘revive the A shares, benefit the people; revive the A shares, benefit the people’ ‘revive the A shares, benefit the people; revive the A shares, benefit the people’ ‘revive the A shares, benefit the people; revive the A shares, benefit the people’ ‘revive the A shares, benefit the people; revive the A shares, benefit the people’ ‘revive the A shares, benefit the people; revive the A shares, benefit the people’ ‘revive the A shares, benefit the people; revive the A shares, benefit the people’ ‘revive the A shares, benefit the people; revive the A shares, benefit the people’ ‘revive the A shares, benefit the people; revive the A shares, benefit the people’ ‘revive the A shares, benefit the people; revive the A shares, benefit the people’
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# ? Dec 12, 2016 03:32 |
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what's going on here
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# ? Dec 12, 2016 05:17 |
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namaste faggots posted:
China Stocks Tumble As Beijing Clamps Down On Insurance Buying/ quote:China’s benchmark CSI 300 Index tumbled 2.4% as we head to the noon break. Investors are nervous because Beijing is doubling down on efforts to scale back leveraged stock purchases led by insurance companies.
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# ? Dec 12, 2016 05:28 |
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Fuerdai moving to hedge their RMB using XBT http://www.coindesk.com/price/#2016-12-05,2017-01-05,close,bpi,USD
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# ? Jan 5, 2017 16:05 |
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namaste faggots posted:
-Trump tweet soon, probably
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# ? Jan 5, 2017 16:38 |
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lol he'll lay low because US stock markets will go down to where they belong once people realize he has no intention of investing in US infrastructure projects etc.
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# ? Jan 5, 2017 17:41 |
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Isn't the Yuan surging? Or is that bad? A strong Yuan buys more dollars, but hurts exports so which makes China suck more?
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# ? Jan 5, 2017 17:43 |
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Krispy Kareem posted:Isn't the Yuan surging? You say this as if the exchange rate isn't set by Beijing. All that's happening right now is that China is, once again, manipulating exchange rates to make it more expensive for currency speculators to bet against the Yuan.
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# ? Jan 5, 2017 20:51 |
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McGavin posted:You say this as if the exchange rate isn't set by Beijing. All that's happening right now is that China is, once again, manipulating exchange rates to make it more expensive for currency speculators to bet against the Yuan. China a currency manipulator? SAD!
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# ? Jan 5, 2017 21:45 |
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XyrlocShammypants posted:lol he'll lay low because US stock markets will go down to where they belong once people realize he has no intention of investing in US infrastructure projects etc. US markets are up because he's going to deregulate everything which means a surge in profits and economic growth (at the expense of everyone's quality of life)
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# ? Jan 5, 2017 22:10 |
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Fojar38 posted:US markets are up because he's going to deregulate everything which means a surge in profits and economic growth (at the expense of everyone's quality of life) I figured it was because he might actually make good on an overseas tax holiday, resulting in hundreds of billions of dollars being returned and a wave of mergers as companies try to find something to invest in. Heck, someone might even buy Twitter.
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# ? Jan 5, 2017 23:58 |
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XyrlocShammypants posted:lol he'll lay low because US stock markets will go down to where they belong once people realize he has no intention of investing in US infrastructure projects etc.
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# ? Jan 6, 2017 01:04 |
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https://twitter.com/AmyYuanZhuang/status/831322614383702019 Fun to think about. The year of the cock will be the year it all falls apart
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# ? Feb 14, 2017 03:04 |
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More bubbles than a kid with a bubble gun.
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# ? Feb 14, 2017 08:30 |
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So for 2016's GDP report China stopped denominating its data in dollars, instead using Yuan. Turns out that the reason for that is the Chinese economy only grew 1.3% in 2016 when measured in dollars even when using official government statistics. By comparison the US economy grew 1.9%, making 2016 the third year in a row that the USA's GDP grew by more than China's.
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# ? Mar 28, 2017 01:16 |
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Patience, padawan
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# ? Mar 28, 2017 01:32 |
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Fojar38 posted:So for 2016's GDP report China stopped denominating its data in dollars, instead using Yuan. To be fair they are not alone in doing that. See e.g. Britain after Brexit, particularly the governments bizarre insistence that France didn't surpass the UK in GDP, despite the fact that that is only the case if you count both in national currencies and use old exchange rates. E: phoneposting is hard Private Speech fucked around with this message at 04:46 on Mar 28, 2017 |
# ? Mar 28, 2017 04:43 |
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I've never really understood the logic behind using non-PPP USD as GNP as measurements of other countries' growth. It makes a 5% devaluation look like a big-rear end recession, even when in reality the economy could have grown.
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# ? Mar 28, 2017 05:08 |
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Freezer posted:I've never really understood the logic behind using non-PPP USD as GNP as measurements of other countries' growth. It makes a 5% devaluation look like a big-rear end recession, even when in reality the economy could have grown. Because nominal GDP is the only measurement that tries to measure something real, ie activity as measured in a currency. PPP requires a bunch of arbitrary adjustments in an attempt to get to the "true" size of an economy, but it only measures abstract theoretical economic activity. PPP is great for measuring per-capita GDP (because it accounts for differences in the cost of living) but is poo poo at measuring aggregate GDP, which is what people are usually talking about when they say "World's largest economy" and compare international economies. PPP tracks population hard, and India ends up as the world's third largest economy by that measure even though I don't think any rational person would say India is more productive than Japan. Personally I don't get the "but it fluctuates with exchange rates!" argument when discussing how one should compare economic size between countries, as if exchange rates aren't massively important measures of the health and power of an economy. If the Yuan or the Pound or the Euro is a dumpster fire that matters for how large the respective economies in question are. Edit: The US dollar is used in these comparisons because it's the world's dominant reserve currency by far and every currency in the world can be converted directly to US dollars Fojar38 fucked around with this message at 06:50 on Mar 28, 2017 |
# ? Mar 28, 2017 06:41 |
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Be that as it may, FX rates and scales of variation can be waaay larger and more violent than a country's actual economy. It you want GDP to be a meaningful measure of whether a country's economy is growing or not, you've got to tone down or eliminate the exchange rate effects. For some examples, it would be incorrect to say that Canadian economy diminished by 20% in the last three years, that the UK economy dropped by 15% in the last year or that the Mexican economy grew by 15% in the last 2 months.
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# ? Mar 28, 2017 07:50 |
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Freezer posted:Be that as it may, FX rates and scales of variation can be waaay larger and more violent than a country's actual economy. It you want GDP to be a meaningful measure of whether a country's economy is growing or not, you've got to tone down or eliminate the exchange rate effects. Comparisons of nominal GDP are made using a fixed exchange rate, the variance in it doesn't show up in historical measurements. Canada's GDP over the last 3 years or 30 years is measured with the exchange rate of a fixed point in time PPP measurement is affected a lot by cost of living differences in things that aren't easily tradeable internationally like construction, healthcare, education, food (in countries with heavily protected agriculture like France or Japan). To my mind those things aren't all that relevant if you're trying to measure the industrial might of a country in the high-20th-century, coal and steel production sense, which is what people talking about China usually are doing icantfindaname fucked around with this message at 10:29 on Mar 28, 2017 |
# ? Mar 28, 2017 10:16 |
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Seeing lots of talk about Chinese deleveraging and a possible liquidity/credit crisis due to subprime poo poo representing >10% of the economy. What up?
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# ? May 10, 2017 20:10 |
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cowofwar posted:Seeing lots of talk about Chinese deleveraging and a possible liquidity/credit crisis due to subprime poo poo representing >10% of the economy. What up? Deleveraging isn't occurring until growth is showing notable, multipercentage declines and not this "oh growth lowered by .02% last quarter" baby poo poo they're pushing now.
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# ? May 10, 2017 20:43 |
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dp
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# ? May 11, 2017 08:48 |
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cowofwar posted:Seeing lots of talk about Chinese deleveraging and a possible liquidity/credit crisis due to subprime poo poo representing >10% of the economy. What up? Don't tell me we're revisiting 2015 already.
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# ? May 11, 2017 09:43 |
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They're still selling foreign currencies to prop up the yuan.
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# ? May 11, 2017 20:39 |
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So Trump signed a trade deal with China. What to make of this? http://www.bbc.com/news/business-39894119
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# ? May 12, 2017 15:40 |
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Letting US credit cards into China is huge if true. Especially for me, I want to use my American credit cards to buy crap in China finally
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# ? May 12, 2017 19:46 |
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Bloodnose posted:Letting US credit cards into China is huge if true. Especially for me, I want to use my American credit cards to buy crap in China finally I stumbled upon ADVChina on Youtube and this is sort of surprising to me. They talk repeatedly how much of a pain in the rear end it is to buy stuff because they're non-citizens (even though they're both married to Chinese nationals). I mean I know, youtube channel, but it just seems like they make it such a pain in the rear end for non natives.
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# ? May 12, 2017 19:55 |
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# ? May 16, 2024 12:23 |
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Too much stuff requires a Chinese national ID card number or a Chinese character name
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# ? May 12, 2017 19:57 |