Moderator: Charlie Phillips
headhonchoII wrote:Not sure if you get get it. Taiwan or some Micky
Mouse country can devalue their currency by a large amount and nobody really cares. If China devalues by a lot it causes massive earthquakes everywhere some of which can come back and destroy themselves. China's major export markets include both emerging and developed economies plus when they devalue they can cause capital flight internally
And make it hard to pay off foreign denominated debt and hard to pay
For things like iPhones and oil and steel and milk and the list goes on.
nonredneck wrote:Taiwan dollar made a small comeback. 1 USD to 33 ntd. What happened?
Chris wrote:The NT dollar usually grows stronger in the weeks following Chinese New Year as people spend their bonuses and hongbao.
buzzkill1 wrote:TWD is collapsing just as predicted. Great work guys
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