We have been in a simmering debasement marathon for decades, in a slowly boiling debasement relay race for a year, and now comes the sprint toward the finish. This will make tariffs look like what sissies did to prolong the Great Depression. Analysis: Japan yen tactic muddles bid to drive yuan up | Reuters Japan yen tactic muddles bid to drive yuan up This could be a real shit hits fan event or it could be quickly addressed and resolved. I am definitely betting on the former cuz China is not gonna depeg the yuan. And everybody else gets it.