Catastrophic consequences for a Chinese devaluation?
Of course, China hinting at devaluation is a huge risk: China has $60 trillion in deposits, 3x more than the US. If this capital starts to flee, it will have catastrophic consequences. In 2015/16 we saw this, and it started the great move in bitcoin from $200 to $20,000 https://t.co/IeVp1hg6Yh
— zerohedge (@zerohedge) April 8, 2025


































