Submitted by Infamous_Sympathy_91 t3_10n634x in wallstreetbets
burrysputs t1_j67y4cs wrote
Reply to comment by chetoman1 in Global Inflation Update by Infamous_Sympathy_91
I'm balls deep in baba and tencent. OP's chart is a big part of my thesis.
Remember 2021 and the reopening? Yeah it's gonna happen in China now.
UniNvEStAbLE!!1!
TacoSeasun t1_j68n2cs wrote
The Chinese Yuan may likely be the strongest currency in the next 1 to 2 years. I also read there is a lot of pent up savings and demand that the citizens hold, but ibalso think the government will control that if they have to.
UnsafestSpace t1_j69oj4a wrote
The Yuan is the US Dollar, they are basically the same currency since China pegs the RMB to the USD.
[deleted] t1_j6a5rr1 wrote
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