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What are you doing to protect yourself from US/China trade war?

  1. #41

    Join Date
    Oct 2010
    Posts
    17,964

    I'm not long HKD, but I do understand the basics on how the peg works. The peg survived the GFC and AFC. Both of those were an order of magnitude more serious than anything we are seeing at the moment.

    Keep reading zero hedge if that's what floats your boat


  2. #42

    Join Date
    Jan 2018
    Posts
    277
    Quote Originally Posted by traineeinvestor
    Another dose of pessimism, this time from the Chairman of Hon Hai: Terry Gou Warns: Bigger Financial Tsunami Coming AASTOCKS Financial News - Popular News

    FWIW, I used some spare cash to partially pay down one of our loans last week and will be doing the same again this week.
    If your loan is in HKD maybe that was a mistake

    Regarding Hon Hai - they are more exposed than most - Apple and Huawei being their biggest customers.

    https://www.ft.com/content/e2f36506-...8-86cea8523dc2
    Fenix2 likes this.

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