>>290996
“Yuan is collapsing” Yuan is undergoing a controlled demolition, again.
Over in the Chinalands, when someone gets too big for the Party to reasonably handle (for instance Jack Ma) the leader/s of a multi-hundred-million company either one day go missing or become apart of the Chinese Inner Party and the company, for pennies, becomes property of the government. The government, now in control of the company, makes a decision of whether or not to keep the company and either turns it into a public service or has a fire sale of assets to other, smaller companies. Then it destroys the currency generated from that profit and deflates their currency. They can also print however much money they want to buy up any company so that Jack Ma scenarios are few and far between for appearance sake.
It’s well known as “currency manipulation” and the levels of internal economic warfare waged on the Chinese citizens are levels far beyond what anybody else in the world has ever had to deal with thanks to the absolute totality of the Chinese Government.