Latest topics
Breitling says If China raises the value of it’s currency, Vietnam’s going to follow.
2 posters
Page 1 of 1
Breitling says If China raises the value of it’s currency, Vietnam’s going to follow.
Breitling
I have the Vietnamese currency and I’m watching very closely what’s going on with China.
Vietnam competes with and follows China.
If China lowers the value of it’s currency, Vietnam going to lower the value of it’s currency…because it’s a competing labor force. It’s what those countries have.
If China raises the value of it’s currency, Vietnam’s going to follow.
So what’s on the table for China? The reason they can lower the value of their currency is because the number one market is the United States. We are the biggest consumer on the planet. And if there’s no tariffs then guess what? They can devalue their currency all they want.
But the minute we put tariffs on anything coming into the United States from China then it’s a bad idea to lower the value of your currency….
…Because now it’s impossible to cheat. What are they going to be forced to do? They [China] are going to be forced to add value to their currency. And Vietnam is going to add value to their currency. That’s what I anticipate coming down…whether it’s 2017, 2018 or 2019 I don’t know. I depend on numbers. i depend on policy and it helps me speculate. You need to concentrate on that word speculate. I don’t have a crystal ball…I believe in the reevaluation of the Vietnamese currency. But I don’t think the Vietnamese currency and the dinar are going to revalue at the same time and there is no sort of global reset. that’s the biggest lie I’ve ever heard.
2-11-2017
~~~~~~~~~~~~
….We’ll wake up and just find out. At what rate? At what pace? We don’t know…let’s say it revalues at .05 cents or .10 cents… I’ve been trying to talk people into understanding what could happen and not jumping off a stinking bridge or jumping out of a basement window because it doesn’t come out at a dollar seven the first night.
The value will go up. It will progress. The value will keep going up….don’t get stuck on the day it’s going to revalue and what it is.
It’s going to take a while to trend...and how the market in Iraq reacts. It’s not a magic wand. It never was and never will be.
2-10-2017
Last edited by Ponee on Mon Feb 13, 2017 11:43 am; edited 3 times in total
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Breitling says If China raises the value of it’s currency, Vietnam’s going to follow.
Despite thousands of predictions to the contrary from "gurus" like Breitling, the dinar is worth less right now that it was eight years ago.
*****************
Busting Gurus Since 2011
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Fri May 10, 2024 5:03 pm by kenlej
» Go Russia
Sun May 05, 2024 11:37 am by kenlej
» Go Russia
Sun May 05, 2024 10:51 am by kenlej
» Textbook Tony
Mon Apr 29, 2024 4:13 pm by Mission1st
» The Rockefellers and the controllers are freaking out right about now
Fri Apr 26, 2024 11:16 am by kenlej
» Phony Tony sez: Full Steam Ahead!
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej