Currency wars lead to shooting wars

Shooting wars lead to lower populations.

Lower populations lead to less resource consumption.

Less resource consumption leads to recessions.

During recessions, nobody has any money to do anything so hey, let's repopulate--quick!

Repopulation leads to the adoption of currency.

Currency adoption leads to increasing power struggles between currencies.

Power struggles between currencies leads to .......Currency Wars.

Wash, rinse, repeat.

Wash, rinse, repeat leads to hair and scalp stripped of its natural protective oils, causing the body to overproduce said oils.

Recessions lead to comb-overs

I'll submit it for consideration.

Hm I guess it's not a coincidence that "may you live in interesting times" is rumored to be a Chinese curse...

http://www.zerohedge.com/news/2015-08-12/how-china-trades-us-treasurys-when-it-wages-currency-war

Please also see the much more entertaining Dong Unleashed: http://www.zerohedge.com/news/2015-08-12/dong-unleashed-vietnam-preserves-currency-shrinkage-wider-trading-channel

They did not "let it go with the market". They just repegged it 3.5% lower. While this is important, it is not THAT big of a deal.

Yes, I could see how this could be the needle that bursts it, but the needle is not the cause of the bubble. The Fed, and other Central banks have been printing money like it's paper. The Chinese are just the latest/last to jump on the wagon. It makes no sense to blame it on them.

This article seems to disagree: http://www.forbes.com/sites/timworstall/2015/08/11/china-hasnt-devalued-the-yuan-its-allowed-it-to-devalue/ If you mean, they stopped it from falling further than 2% or whatever, okay.

Anyone who knows this is coming can make 3.5% profit on their investments. That's why this is a big deal.

This could be a huge deal going into the latter half of the decade. What the dollar actually did was allow a single common entity to trade with everywhere. But since it is just paper money and not a commodity, someone else cab decide to inflate/deflate and trade with something other than the dollar. It sends shockwaves throughout the market. I'll try to find you a good source that has a better explanation.

Devaluing currency is probably just the start. When China starts to trade in other currency, we'll have much larger problems. It's coming in the near future though.

[deleted]

I think most people here are indeed rooting for collapse, but only because they believe it is a necessary/inevitable step in order to bring about real change. The question is, what will they do once the collapse finally comes?

Exactly. We think we know all the players, but we don't. There is much going on behind the scenes, and the Good Guys lay a lot lower than the bad guys.

I think it depends on the scale of the collapse. If the Dow loses 7000 or 8000, does that really affect a majority of us, other than depleting our 401k for a few years until the magic money starts flowing again? But if we're talking complete economic collapse (or worse - picture lights out, no running water, burning dollar bills to stay warm), then things will get very real, very fast.

Why would yuan going down 4%, or even 10%, mean that the Dow would lose half its value ?

“Woe to you who long for the day of the Lord! Why do you long for the day of the Lord? That day will be darkness, not light. It will be as though a man fled from a lion only to meet a bear, as though he entered his house and rested his hand on the wall only to have a snake bite him. Will not the day of the Lord be darkness, not light— pitch-dark, without a ray of brightness?” ‭‭Amos‬ ‭5:18-20‬ ‭NIV‬‬ http://bible.com/111/amo.5.18-20.niv

I, for one, plan on shitting my pants.

Then clean them.

Then get to work staying alive.

Clean pants will be an expensive luxury;)

True, and probably a dead giveaway that Ive got something good going on so ill just keep them shity

I would recommend shitting on your shirt, shoes and hat as well.

If there's still any social reason to wear them, that is.

I plan on making a slave cast from my neighborhood. I will need to keep them working. If I ban clothing optional, they will be too tired from working at the textile mill to revolt.

I'm pretty broke anyway TBH. But my environment is still pretty comfortable. I would hate not to have my american luxuries. But I understand why other countries resent us so much. Most Americans resent Congress, the Senate, social policies, are tired of false flags and CIA media, secret corporate trade agreements, but if you have money you just buy justice and tax breaks and always a conflict, an enemy, usually someone sovereign who will not back a central debt system bank, it's depressing or elephants extinct in the wild in ten years, mandatory vaccines without full disclosure always waiting for the apocalypse or wondering if martial law had already happened and all the police brutality and prisons the American genocide half all black babies aborted in pregnancy of poverty we give no voice to the poor and never hear the stories, we get drowned out with the Jenner Bruce and the Trump skunk and honestly I've ranted I wish I was Mother Teresa but I'm happy to have my Starbucks this morning.

I would just enjoy the fact that "we" the sub, knew this was going to happen. All the wrong predictions have been belittling to my faith in the conspiracy truth movement.
I want this to come true as well because I feel it's a reboot for the world. Clean start. That may be wishful thinking though

Anyone who invests had a hunch about China. It was when that was the question.

If it is collapsing, they're more aware of it than we are. They're already 5-10 chess moves ahead of us on the financial board. There will be the delightful feelings of schadenfreude when we're vindicated. But they've got more control in how it plays out than we do, unfortunately. There's no win in this game. The only win is to unplug from it completely and plug back into the larger being of earth without the game.

Hey, we don't have to be 5-10 chess moves head like they are, we just need to be 1-2 chess moves a head of everyone else. That will be the difference between life and death.

So what should we be doing with 401ks?

If you see any reason that this is all true, you can withdraw all of it. There will either be a lump tax taken from it or you can roll the dice and pay it from your refund (if we make it that long).

And buy gold

Nihilistic

I wish I could've seen the post you were responding to, but, stating the word nihilistic doesn't really provide any valuable argumentation. If you think it does, then you're biased and only considered to be a negative which means to me that you are not thinking critically and giving the arguments for and against your own convictions equal value. Essentially meaning that you're being irrational.

Now, that is an assumption, a big one, but it clearly illustrates the kind of thoughts that can come from using one word to describe your position in an argument.

Futile

Time to dump paper and move to physical holdings.

I must be missing something. Yuan falling, so dollar is stronger. My assets are in dollars. I will be able to buy products from China for less money.

If US retaliates, dollar goes lower, and we're back to where we were a week ago ? Or not ?

I don't see the big scare here, unless it is just: China's economy is weaker than expected, so maybe worldwide slowdown because they aren't consuming as much steel, oil, cement, etc.

Not just China's economy. There are a dozen nations around the world undergoing economic trouble. Each of them has a contagion effect on neighboring and interdependent economies.

There's far too much of this happening all at once. Russia, Greece, Brazil, Canada, Venezuela, Saudi, obviously Syria/Iraq, Puerto Rico, all in trouble. Couple that with the damage done to the US tech/telecom export sector thanks to the NSA spying scandal... shit's goin' down.

So, the problem is not "currency war" or "conspiracy", it's "lots of economies weakening at same time" ? I'm just trying to understand what's being claimed here.

The devaluing of the rubble some months ago was currency war for example.

And did that lead to catastrophe ?

Don't little devaluations and economies weakening happen fairly often ? Sure, the yuan is a much more important currency than the ruble, and 4% devaluation of a currency that's been pegged for a while is a big deal.

If you haven't already been doing that, you might be too late.

I'm free and clear.

Good. Should have figured since youre "here".

This isn't going to help things either.

https://www.reddit.com/r/China/comments/3gqksa/huge_gas_explosion_near_the_docks_in_tianjin/?sort=confidence

While not required, you are requested to use the NP domain of reddit when crossposting. This helps to protect both your account, and the accounts of other users, from administrative shadowbans. The NP domain can be accessed by prefacing your reddit link with np.reddit.com.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

Why is this a conspiracy, or some bad thing ? Weaker yuan means stronger dollar, right ? Sure, it means Chinese exports get cheaper, which causes pain for producers in other countries.

This article seems to find nothing sinister about it: http://www.forbes.com/sites/timworstall/2015/08/11/china-hasnt-devalued-the-yuan-its-allowed-it-to-devalue/

Shemitah.

So I'm guessing it's a good time to trade in bonds for silver.

…or is that what they want you to think? ;) Maybe silver is being harvested for an ET-space program!

ohhh excellent point. THIS ^{^}

China stock market in full-on emergency mode too, with speculation and flight effectively halted with mandatory holding periods.

This is a really cringe post man.

China's currency has gone up a lot and they're going to devalue it by like 2% to protect their exporters.

The economic illiteracy on here is shocking. This is them attempting to stimulate their slowing economy and isn't nearly as big a deal as you're trying to claim.

http://www.nytimes.com/2015/08/12/upshot/why-did-china-devalue-its-currency-two-big-reasons.html?abt=0002&abg=1

Here's a good article on it for anyone here that actually wants to read something.

http://giphy.com/gifs/michael-jackson-eating-popcorn--GjYjLvGErsggg

http://i.imgur.com/DGq2v7g.gif

Step to the Wu.

If you see any reason that this is all true, you can withdraw all of it. There will either be a lump tax taken from it or you can roll the dice and pay it from your refund (if we make it that long).

If you haven't already been doing that, you might be too late.

I must be missing something. Yuan falling, so dollar is stronger. My assets are in dollars. I will be able to buy products from China for less money.

If US retaliates, dollar goes lower, and we're back to where we were a week ago ? Or not ?

I don't see the big scare here, unless it is just: China's economy is weaker than expected, so maybe worldwide slowdown because they aren't consuming as much steel, oil, cement, etc.

Not just China's economy. There are a dozen nations around the world undergoing economic trouble. Each of them has a contagion effect on neighboring and interdependent economies.

There's far too much of this happening all at once. Russia, Greece, Brazil, Canada, Venezuela, Saudi, obviously Syria/Iraq, Puerto Rico, all in trouble. Couple that with the damage done to the US tech/telecom export sector thanks to the NSA spying scandal... shit's goin' down.

And buy gold