Wealth Abuse

Chinese Yuan Suddenly Tumbles

July 3, 2018 0

by Tyler Durden Whether or not the PBOC finally decided to show the US it means business with the “weaponized” Yuan, but moments after today’s PBOC yuan fixing, which dropped against the dollar by a whopping […]


When Currency Pegs Break, Global Dominoes Fall

February 25, 2016 0

CHARLES HUGH SMITH When a currency peg breaks, it unleashes shock waves of uncertainty and repricing that hit the global financial system like a tsunami. The U.S. dollar has risen by more than 35% against […]

Wealth Abuse

Is China About To Drop A Devaluation Bomb?

January 28, 2016 0

by Raúl Ilargi Meijer Berenice Abbott Broome Street, Nos. 504-506, Manhattan 1935Though she had no intention of being funny, we laughed out loud, as undoubtedly many did with us, when incumbent and wannabe IMF head […]

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