Hugh Hendry - The Acid Capitalist Unfiltered | #451
The Meb Faber Show - Better Investing
00:00
What if the Chinese Dollar Trades Nine?
The Chinese currency is actually here today at recording one of its weakest moments. The US has run it a trade deficit as long as I've been on this planet, which is kind of a long time. If you then devalue the Chinese remember by 20%, take all the shitty things going on in our world and stir it 10 times then multiply it five times to say it is grotesque. That's how they would have reorganization that would not work. They'd invite all the heads of state and woodstings over for ladiennes or elbarene or whatever we call them. So that's where we are. This is the Chinese virus, economic virus that is spreading"
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