What’s the catch? What’s going on?
Chinese Yuan Is Tanking
10 Comments on Chinese Yuan Is Tanking
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They were betting on a Biden win
Circuit breakers trip, halting NASDAQ futures after surging 3.9%. China predicting Trump win. Tank their currency to remain competitive in trade after tariffs are slapped on.
It seemed I was more confident than most others today. I was watching the numbers and doing the math in my head. Seeing that is what tipped me off that Biden had shit the bed.
Nuke China, now!
I remember 4 years ago the futures market went haywire after it was clear Trump would win, probably around midnight.
And by the time NYSE opened all was calm, and prices started going up, up, up.
Prices will be up tomorrow, and will continue to climb. Time to buy.
ecp
👍👍👍
Yuan to know why their currency is tanking? It’s not the market forces, the CCP is doing this deliberately. Their inside man is going to lose the election, and like ECP says, it is to try and keep market share.
Xi’s dream of waking up every morning knowing Biden was HIS president has died
Renminbi sounds like a word Biden made up.
No worries, Biden will bail them out with OUR money from his tax increases.