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Rhymes With "Brass Seagull"'s avatar

Time to short the renminbi!

Peter Nayland Kust's avatar

Actually, the time for that would have been about a month ago.

Rhymes With "Brass Seagull"'s avatar

And it was entirely self inflicted by the totalitarian technocrats in charge.

Peter Nayland Kust's avatar

True enough. Which makes China a vital object lesson on the folly of technocratic government mucking around in the economy.

I doubt the technocrats in our government are in a learning mood.

Rhymes With "Brass Seagull"'s avatar

So true. Technocrats are notorious for their hubris and slothful induction in regards to inconvenient facts.

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Aug 7, 2023
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Peter Nayland Kust's avatar

War would be a disaster. A squadron of destroyers in the Malacca Strait and China loses 80% of its oil.