Originally posted by Time-Immemorial
The pound is down big deal😂 Thats always a catty way to win an argument.The pound is down, but they have their freedom.
Why are you placing a monetary value on national sovereignty?
Yeah, massive devaluation is actually a dig deal. People who were not going hungry are going hungry because the money they had one day went to shit the next.
They were free before.
They were sovereign before.
Originally posted by Time-Immemorial
They were not. They were controlled by faceless politicians in Brussels.Ironic you care about devaluation when that is all Trump has been talking about.
But I guess since he is talking about it, that prevents you from talking about it, until now.
Okay then.
Don't see how that is ironic? I never claimed I am opposed to everything Trump talks about. I'm sure we have common interest. eg I heard he has a fondness for coconut water and I love coconut water.
Huh?
And what does that have to do with China's devaluation that you just said was a problem in Britain with the pound?
Why is it you always find a way to find fault with Trump, when he has to base his business decisions based on the current state of affairs?
Is he supposed to be an idiot and pay 10x more for steel?
Originally posted by Robtard
You're the one that brought in China's devaluation in regards to Brexit and Brexit voters choosing wisely.
Omg we just went around in circles. You said devaluation was a major problem, and I said " All Trump has been talking about is China and Japan devaluated their currency, if its such a problem, then why are you not voting for Trump, we know Clinton isn't going to do a damn thing about it.'
then you said
"Trump is pro China, he saves/makes lots of money off of China. eg Importing Chinese steel and aluminum because he could save a few cents per pound instead of buying locally and supporting US metal industry."
Its not even the same subject, Trump CANT CONTROL THE DEVALUATION AT THIS TIME.
You seem to be confused?
China devaluating the Yuan for years was to promote exports from China, but it's starting to backfire on them and no one, even the Chinese hold the Yuan as a world player anymore, why rich Chinese are buying property out of country as investments because those 10million USD worth of Yuan in the bank could be worth 7million USD next week or tomorrow. The Yuan is unstable.
All in all, China's gamble has apparently worked well for the US as the US Dollar has gained a good 30% (at least back early this year) over other major world currencies.