• ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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    2 months ago

    The reason Japan’s currency is collapsing is cause of the pressures on it which result from the very mechanics of the yen carry trade. There is nothing of the sort happening with yuan.

    • baffled_and_aghast@lemmygrad.ml
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      2 months ago

      Oh certainly, I agree - it’s just that this dude is the source of all those famous CHINA COLLAPSE - IT’S OVER - TWO WEEKS - FINISHED thumbnails from a few years back so like a stopped clock he doesn’t inspire confidence even if he’s right this time.