China Devalues Its Currency as Economic Slowdown Raises Concerns

The New York Times ^ | 10 Aug 15 | NEIL GOUGH and KEITH BRADSHERAUG

[central_va]

Seriously as Free Traitor you should be all for China devaluing their currency-again. Then their imported crap becomes even cheaper, putting more pressure on the remaining US manufacturers to off shore. The de industrialization proceeds even faster-pleasing your clean air liberal friends. From your traitorous preservative what’s not to like?

[hoosiermama]

Years if not decades. He said in his press conference in Michigan yesterday this was the biggest devaluation in two decades. (Quoted the date and amount of last I think (was doing other thing when topic came up)

Unlike other candidates he spent quite a bit of time with the press. Joking, answering questions, calling several by name (actually apologized to Major for the way 0 has treated him)
All before the event.
The event was sold out and private. Press not allowed. Mr T helped them finish their job early so they could get dinner etc and not have to wait around. His courtesy will eventually be returned

[central_va]

Why would any Free Traitor™ be against China devaluing their currency? Their crocodile tears are astoundingly hypocritical.

[1010RD]

Define ‘free trade’, please. Define ‘trade deficit’, please.

I will now predict your response. You will do neither. You’re a grenade thrower, an empty shirt, a faker, a fraud and a liar. Please prove me wrong.

[bert]

——stock market slump——

there was not really a slump so much as a revision to normal. The current level is a reasonable projection that effectively cuts out the rise created by what amounts irrational exuberance rather than rational expectations.

it is my understanding that the greed of inexperienced investors coupled with the natural tendency of Chinese to gamble produced the market rise phenomena.

it is a to be expected learning experience in the ongoing transition from chicom to chicap.