Why would Yuan collapse? It's as good as ever.
Huge banking sector bubble similar to japan in the late 80's
The whole world is in bubble and no one knows
when and
if things will collapse. Many well-known people (banking, hedge funds) are saying China will collapse, USA will collapse, Japan will collapse, EU will collapse, stock market will collapse, etc., but so far they are 100% wrong for many years since financial crisis and people listening to them are losing money not participating in the markets!
Some are even saying BTC has no future and is doomed to fail, but 100x gain in one year shows you how no one has a clue what's going on. I am just saying markets are irrational and things can go on like this for years and years.
Huobi is currently $10 higher than that of stamp. Will China take lead for this rally again? If so, why China always takes lead?
Irration does not explain this. There must be something else behind.