Corporations Defaulting in China and the Chinese PBOC is tightening its Money Supply - this is like the US 2008 Lehman Brother & others Default and US FED & Treasury not being able to bail them out....
is China repeating what US suffered 6 years ago? seemed logical as 2008 saw US collapse while China strived.... is 2014 China's Collapse and US Strive?
for Macro Economist, this is all too familiar... since the economies take turns to screw up and strive....
The reason why AUD even traded up at 1.06 back in 2010 and stuff is because the Western powers had problems while China was robust. but its not the case any more. for people who are looking at AUD Monthly chart who still thinks its in an uptrend... think again. only reason why AUDUSD is where it was at 1.06 back in 2008 or 2010 is because China kept AUD up....
China collapse and US Striving will only see AUDUSD fall hard....
the glory days are over for AUD... as far as i can see.. for the next 6 years AUD is gona be pressured down.... AUD will regain strength if US economy starts fucking up and China starts to recover. but as i explained took a 6 year cycle for China's and US's roles to change....
Also. another indicator that CHina is getting Desperate....
Chinese Yuan fall to further lows, on the attempts to try to spur back Demand for Chinese Exports., as seen by recent China Trade Data, came in for the first time in Decades a DEFICIT... China is importing more than they are exporting... surprise surprise....
thats why they are devaluing the Yuan Fast to try to spur back Exports, and Export contributes to an Economy's GDP, but in CHina's Case they are trying to spur back China's Export so as to Keep China's GDP growth rate from a hard collapse
What im trying to say is. China is devaluing their Yuan Hard to save their own skin.... perhaps RBA should devalue the AUD hard like China did to save theirs as well...
is China repeating what US suffered 6 years ago? seemed logical as 2008 saw US collapse while China strived.... is 2014 China's Collapse and US Strive?
for Macro Economist, this is all too familiar... since the economies take turns to screw up and strive....
The reason why AUD even traded up at 1.06 back in 2010 and stuff is because the Western powers had problems while China was robust. but its not the case any more. for people who are looking at AUD Monthly chart who still thinks its in an uptrend... think again. only reason why AUDUSD is where it was at 1.06 back in 2008 or 2010 is because China kept AUD up....
China collapse and US Striving will only see AUDUSD fall hard....
the glory days are over for AUD... as far as i can see.. for the next 6 years AUD is gona be pressured down.... AUD will regain strength if US economy starts fucking up and China starts to recover. but as i explained took a 6 year cycle for China's and US's roles to change....
Also. another indicator that CHina is getting Desperate....
Chinese Yuan fall to further lows, on the attempts to try to spur back Demand for Chinese Exports., as seen by recent China Trade Data, came in for the first time in Decades a DEFICIT... China is importing more than they are exporting... surprise surprise....
thats why they are devaluing the Yuan Fast to try to spur back Exports, and Export contributes to an Economy's GDP, but in CHina's Case they are trying to spur back China's Export so as to Keep China's GDP growth rate from a hard collapse
What im trying to say is. China is devaluing their Yuan Hard to save their own skin.... perhaps RBA should devalue the AUD hard like China did to save theirs as well...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
this is me at uni most of the time.... im surprised i can still manage a 2:1 Honor for my bachelor degree in global financial management.
