Nemo_Confidat

CNHJPY - SHORT; This pair is ready to fall off a cliff!

Kort
Nemo_Confidat Uppdaterad   
FOREXCOM:CNHJPY   Offshore Chinese Yuan / Japanese Yen
Considering China's (ongoing!!) predicament caused by an oncoming, abject, demographic (urban, industrial) collapse, the obvious consequence is a stand-alone Japan's as the region's only remaining super power" ... Making this Short a no-brainer, probably well over a decade and a half.
The Long Term Price Target on this pair is: 10! (I.e. a >50% Decline ...,
... provided that there will be still such a thing as a convertible (off-shore) Yuan, further down the road - which, in itself, is very unlikely!)
Kommentera:
Some food for thought;
At no time in China's 4000 year long documented history has it ever gone more than 70 years, total, before a full (historic) collapse. This time is no different!
So, pull up a chair (a Lazyboy) because this, true to form, will also be spectacular!

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