Recession & the Chinese Renminbi

[Bodd]

That's funny.

Bodge hasn't shown us his imaginary world recession.

Why might that be?

I could I suppose but it would be just sqribbles.

Can you answer about the Yuan please. This one puzzles me a bit.

 

[Notch7]

I just like a balanced veiw

You do come up with some gems

 

[Bodd]

You do come up with some gems

It's Saturday.. Come on let's all be happy.

 

[Bodd]

You do come up with some gems

Help me out and explain the Yuan question.

I think John's looking for a chart

 

[JohnD]

Poor bod is backpedalling away from his earlier claim that we're in a world recession.

he must have hoped people would just believe him.

But we're not his Brextremist web site.

 

[Bodd]

Poor bod is backpedalling away from his earlier claim that we're in a world recession.

he must have hoped people would just believe him.

But we're not his Brextremist web site.

John I'll do you a deal. I'll dig up a little more that's suggests that not only will we suffer but other country's will suffer too...



In the mean time explain to me about the Under valued .
Yuan

 

[JohnD]

You brought up the yen, you explain it to yourself.

You have failed to justify your (much) earlier contention that we're in a global recession.

This is a world recession.

Did you read it on your specialist Brextremist cheerleader website? an attempt to divert from the fact that the UK is suffering as a result of the brexit omnishambles by making up silly stories?

 

[Bodd]

The current global slowdown is affecting China, Japan, the USA, the Middle East and Asia. You would have to be pretty stupid to think it would not affect Europe.


Read more: https://www.diynot.com/diy/threads/whetherspoons.526884/page-11#ixzz5wEpajNin

 

[SirGalahad]

You do come up with some gems

Himmy dragged you down into his vortex, don't let Bimmy do that.

 

[SirGalahad]

If the world goes into a recession because of Brexit we will be the least protected to deal with the fallout.

 

[JohnD]

The current global slowdown

I've shown you the UK chart.

now you show me the global one that you're basing your extravagant claims on.

Start with the EU27.

 

[Bodd]

Lowering the Yuan would make Chinese products cheaper around the world.

Yes?

On the reverse of this it would make foreign made goods more expensive.
But China would not care for that as they would rather its people buy Chinese products.
Yes?

A cheap Yuan would not buy many € $ or £. The rest of the world would suffer as we would be getting less Chinese spending their money in places like Paris London Hallstatt and New York
China would benifit by the Chinese spending their money on the Chinese tourism industry. Plus the weak Yuan would encourage foreign visitors spending there

Yes?

I've not finished but does this sound about right

 

[SirGalahad]

Its the current trending topic in RW circles and thus Bodd is now an expert.

Factor in who buys US and Foreign debt.

I might as well start posting on how to solder pipes or fix boilers. When you get pipe benders think they suddenly are economic experts the Brexit debacle has come full circle.

 

[Bodd]

Its the current trending topic in RW circles and thus Bodd is now an expert.

No I'm not an expert. I asked John a question that I didn't understand. His response was explain it to yourself.

Its not a bad thing. It got me thinking.
I'm not saying I'm right. I'm asking. I'll sleep on it and see if I can think of any other Benifits.. There must be Benifits as why would China do it otherwise.

 

[Bodd]

Its the current trending topic in RW circles and thus Bodd is now an expert.

Factor in who buys US and Foreign debt.

I might as well start posting on how to solder pipes or fix boilers. When you get pipe benders think they suddenly are economic experts the Brexit debacle has come full circle.

This is a proper soldered fitting. You be happy if you'r plumber or Gas fitter could solder like me.