Comments by "HKim0072" (@HKim0072) on "China’s Nightmare Begins: Yuan May Devalue 50%, Trump Could Impose 60% Tariffs Next" video.

  1. You realize the US will go into a recession if those tariffs are enacted right?
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  2.  @parkerbohnn  You have an economics degree? A degree in public policy? At least say you went to business school. Edit: Or, you've watched Ferris Bueller.
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  3. Seriously? A currency can't be forced to any value if it doesn't free float.
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  4.  @dennissvitak5475  lol, people are simpletons. You are probably familiar with this. Despite a petition from more than 1,000 economists urging him to veto the legislation, Hoover signed the bill into law on June 17, 1930.
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  5. I'm as anti-China as they get. But, they ain't devaluing by 50%. They don't have the same pressure as the yen because there is less global trading of the yuan.
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  6.  @Michael-Has-Opinions  It's the same nonsense that BRICS is going to destroy the dollar. None of those countries want their currencies to free float. You can't become a reserve currency if you don't let your currency float / trade on its own.
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  7. lol, if those tariffs get implemented, the US will go into a recession. It's basically Smoot-Hawley 2.0.
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  8.  @henrycarlson7514  Yeah, that's not how it works. You can't change definitions to fit a personal opinion.
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