They will buy less BMW's

From The Guardian

China devalued its currency in a surprise move aimed at boosting a flagging economy that has sent shockwaves through global markets and pushed European shares into retreat.

After recent data showing falling exports and a stalling manufacturing sector, the central bank said on Tuesday that it was allowing the yuan to weaken by nearly 2% in the hope of making China’s exports cheaper and pushing down borrowing costs.

Brazil is devaluing the Real, Turkey, Malaysia, Russia the same....what will happen? >They will buy less and less BMW's

We will have a bit of deflation in Europe & USA and the yields will go negative again.

PS I don't know why i put the picture of this woman in my Blog..............