Kaoboy Musings

Kaoboy Musings

Re: USD/China - The Donkey Kong Dollar Peg.

Why CNH/CNY will continue to weaken and why HKD is also vulnerable.

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Michael Kao
Jul 22, 2023
∙ Paid

Like many kids who grew up in the 70’s and 80’s, I was an arcade game junkie. One of the games I invested countless quarters in was the endearing Donkey Kong, in which a lovestruck Mario braves numerous challenges to rescue the Princess from Donkey Kong, who has taken her captive.

If Mario is nimble enough and is able to dodge all the obstacles thrown h…

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