Hugh Hendry: “If China Devalues By 20% The World Is Over, Everything Hits A Wall”
by Tyler Durden
ZeroHedge.com
03/26/2016
“Tomorrow we wake up and China has devalued 20%, the world is over. The world is over. Euro breaks up. The world is over. The euro breaks up. Everything hits a wall. There’s no euro in that scenario. The US economy, I mean everything hits a wall! Everything hits a wall! It’s a ‘Mad Max’ movie, right. OK, China gets to be the king in ‘Mad Max’ world. How appealing is that?”
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