Have you watched The Master's 9 minutes today? Yoda has spoken. The time is now. I'm a time investor. Forget value, growth etc, time is the essence of macro. Now that I get the significance of 12 Yrs to the Chinese I just know that now is right to walk on the macro short side.
But tell me, as I rehearse this week's podcast, just what economic good would a China deval provide? Sure Taiwan did the same in 1997. Interestingly, after all these years it has finally strengthened back to pre-deal levels...just in time for the games to begin once more?
But what economic good does a devalue bestow on a super competitive trading nation with modest external liabilities? Is it simply a case that if I'm going down, I'm taking you buggers with me - a tactical nuclear beggar thy neighbour strike??
You want irony? the voices inside my head have lit up, volume is fever pitch. 40 yr bull mkt in Treasuries will conclude with even lower yields despite clear and unambiguous data pointing to accelerating inflation. Let's see, but that CNH chart is a thing of much contemplation
You can literally hear Macro cry Please, Xi! We don't want to do this...source, barcharts.com 
Please share any thoughts on what good would come of it. I reiterate that a China devalue would see us enter a Mad Max world of devastation...Fear is the path to the dark side…fear leads to anger…anger leads to hate…hate leads to suffering.” The Phantom Menace @ToStRo u think?
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