Recession & the Chinese Renminbi

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Nobody credible is calling no deal brexit vs deal at anything more than 40/60. The reason it will slow is because we are very close to the end now. Delaying investments a few month isn’t that hard.

No deal does offer some benefits, though I am keen on a deal and even don’t care if we stay now.

No deal is being ramped up because Brexiteers have run out of options.

What frustrates me is that Leavers are being radicalised -they now believe they voted for a no deal scenario.

I cant see any no deal benefits at all.
Trade deals take years and years of negotiation -if we end all the current ones in one go, then we will be left starting from scratch and that will mean losing existing trading power and starting at the bottom -thats a lose lose.
 
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All the gerggle you come out with on immigration.

No anything.

Ha ha, you mean I tell you facts -but you choose not to understand them.

I can see it makes you frustrated having your entrenched views challenged......it makes denial harder work.
 
It’s not brexiteers being out of options. Mays deal was voted on 3 times, any deal has to have the support of parliament. I do think there are MPs hoping that if they block everything we won’t leave. There has to be a plan B that takes us out to get the blockers to accept we are leaving.

Even though I don’t care anymore. I don’t think people have shifted to remain. I’d welcome credible evidence to suggest I’m wrong.
 
Yes I can, but why would that be relevant to the Yuan, Euro or Sterling?

So tell me how the rmb is pegged to the dollar. The mechanism. Once you go and google it, then you can go and educate the other RWR.

I am laughing at how wrong you are. These RWR are a funny bunch. Instant experts.
 
Ha ha, you mean I tell you facts -but you choose not to understand them.

I can see it makes you frustrated having your entrenched views challenged......it makes denial harder work.


I feel your radicalising me.
 
AFAIK The Chinese govt aren't directly manipulating their currency they just stop hoovering up vast amounts of yuan, which was artificially keeping the currencies value higher than it seems to be on a floating market. Happy to be corrected if this isn't true.
 
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