Great intel SH….looks like another skirmish in the currency wars. China says here’s a taste of what can happen if the U.S. declares China a currency manipulator.
@helper Take a look at the New Forum Topics. I don’t think things are posting the way you intended.
I don’t know about Chinese exchanges but the American exchanges are worthless pieces of crap with declining revenues, theft as their MO, HFT insanity, retail customers fleeing with their money and no regulatory oversight. In reality, the regulatory oversight is designed to aid, abet and encourage theft and fraud while the regulators fly high cover for this den of thieves. The people are screwed. The companies on the exchanges worked like a day job for every penny of stock price adjustment. Get out—the Chinese are
I was under the impression that they’re doing this because of a market crash (the big one) coming up. I guess just me and Drudge feel this has any importance. Seems to me that it’s a company’s DREAM to get on the NYSE.
If I could ask a Chinese businessman or kleptocrat a ? on the matter it, would be “what took you so long”?
Rats leaving a sinking ship…

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