Global US-Dollar Shortage - Are We Already in a Recession?

[k1976]

get out of yuan

Real Currency War start

 

[Dr Christopher Cheok C S]

Real Currency War start

no, it's liquidity crisis.

The bubble has burst: On the road to a lost Chinese economic decade
https://thehill.com/opinion/finance...n-the-road-to-a-lost-chinese-economic-decade/

 

[Dr Christopher Cheok C S]

SHANGHAI, April 26 (Reuters) - China's sliding yuan has been hitting the weak end of the band in so-called cash settlement transactions this week, making it challenging for banks and businesses on the mainland to transact, traders say.

https://finance.yahoo.com/news/chinas-yuan-hits-downside-limit-070804693.html

 

[Dr Christopher Cheok C S]

Japanese Yen plummets
USDJPY - 158​

 

[Dr Christopher Cheok C S]

no, it's liquidity crisis.

The bubble has burst: On the road to a lost Chinese economic decade
https://thehill.com/opinion/finance...n-the-road-to-a-lost-chinese-economic-decade/

 

[Norty]

The US dollar shortage is really concerning, and currency charts like Rates https://rates.fm/ show its strength against other major currencies. Well, a recession hasn't been officially declared, but signs like this coupled with inflation and job losses make me worried about the economy's health. Hopefully, the situation will be stabilized.

 

[k1976]

Japanese Yen plummets​

USDJPY - 158​

Currency war coming mah

MCQ
Fiat currency drop against ..........????
A. NTUC toilet paper
B. Gheyland Cheekon Rice
C. Apple stock
D. All of above
E. I dun know
F. I dun care

 

[Dr Christopher Cheok C S]

Yuan buay tahan riao, weaker yuan can help boost the economy

 

[Dr Christopher Cheok C S]

 

[Dr Christopher Cheok C S]

 

[Dr Christopher Cheok C S]

China’s data blackout sparks alarm​

 

[Dr Christopher Cheok C S]

US Dollar Shortage: The more China sells, the weaker their yuan.

 

[Dr Christopher Cheok C S]

 

[mahjongking]

i want to laugh when i see all these mainstream media.........

 

[Dr Christopher Cheok C S]

 

[Dr Christopher Cheok C S]

The Fed probably won’t be delivering any interest rate cuts this summer​

https://www.cnbc.com/2024/05/25/the...iver-any-interest-rate-cuts-this-summer-.html

 

[Dr Christopher Cheok C S]

 

[Dr Christopher Cheok C S]

 

[Dr Christopher Cheok C S]

Chinese yuan plunges to lowest since 2023 amid weak growth.​

 

[k1976]

no, it's liquidity crisis.

The bubble has burst: On the road to a lost Chinese economic decade
https://thehill.com/opinion/finance...n-the-road-to-a-lost-chinese-economic-decade/

No wallorry, we have many many many digital payment systems in place de woh....no crisis de

All will be Heng Ong Huat