Money goes Home in bad times -- next week the Chinese report the capital outflows for January (another record?) - just because the BoJ keeps shooting itself in the foot doesn't mean there are no more bullets
Israel Dil 15:53:53 GMT - 02/05/2016
NH
looking at the 'shopping' national Chinese companies did during the last years, I can't see any return to bring home. suddenly in harmony, the local regulators in those countries make it impossible for the Chinese to take any money back home. assuming Soros & gang knew, know & better connected than CBB (Chinese Big Boss) then his move versus the CNY is actually obvious.
it's the Chinese housing market to decide the fortunes of at least 70% of the G20 members the coming few years.
Livingston nh 17:42:29 GMT - 02/05/2016
dil -sorry about delayed response -- my point about money going home is the Japanese have money coming home while in China the outflows represent money going home -- the two are customers and competitors
**Based on today's US trade figs we are still doing our best to support China
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