China's Devaluation Of Dollar ... Is It Coming ?

eMark

100 kW
Joined
Nov 2, 2019
Messages
1,164
Location
Minne-apple, USA
Is such a scenario possible with America's debt having surpassed 31 trillion dollars ?

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Steel for China : 300 Chinese Dismantle Closed California Steel Mill - September 12, 1993
Took a year to completely dismantle and shipped to China - now 30 years later see how far they've come.

“Before coming here, we saw the United States as the No. 1 country and thought the people must be very rich,” said Quanpo Yin, 42. “We never expected to see homeless people. We can’t understand it. Why does a rich country have so many homeless people living alongside the streets? One worker wondered why so many Americans are fat.” ... https://www.latimes.com/archives/la-xpm-1993-09-12-mn-34523-story.html
 
Hillhater said:
China cannot devalue the US Dollar.

True, but they can let up on the artificial depression of the yuan exchange rate vs dollar.
 
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