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re: Kyle Bass' China Thesis

Posted on 2/15/16 at 10:31 am to
Posted by WGB2004
Northern LA
Member since Oct 2009
172 posts
Posted on 2/15/16 at 10:31 am to
Very interesting article....the question is "How much does it effect our economy when it does happen?"
Posted by Bernie_Madoff
Jail
Member since Feb 2016
171 posts
Posted on 2/15/16 at 10:36 am to
quote:

"How much does it effect our economy when it does happen?"


Conglomerates will get killed. But overall, Yuan devaluation would make imports cheaper so I think it's not that big of a deal for average joe. I'm sure Russian would have more to say about it.
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