2016-10-25

Worst Asset of the Next Decade: Renminbi?

The headline asks if the yuan will be the worst investment over the next ten years. Answer: yes. Not solely a depreciation story, but rather an inflation story.

Also: bypass China's stock market and invest in India's.
5. the RMB

The next 10 years may be the worst of assets. This is determined by the nature of fiat money, is also China's national conditions. For over 30 years, the average annual purchasing power of RMB decreased by 10%, down 7% annually recent years. Difficult to control in the future decline of 5 percentage points per year or less.
iFeng: 又一轮财富洗牌!人民币或是未来十年最差资产?

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