currency war
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The US-China Trade War: Selected Stories
8 August 2019 — Global Research “On a Scale of 1-10, It’s an 11” – Wall Street Reacts to China’s Retaliation By Zero Hedge One day after China finally snapped, and demonstratively refused to intervene and keep the CNH above 7.00 vs the dollar, escalating the trade war into a currency war, stocks are tumbling and Wall Continue reading
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China’s Yuan Breaks the 7 to $1 Band–The Global Currency War Has Begun
Over this weekend, China’s Yuan currency broke out of its band and devalued to more than 7 to $1. At the same time China announced it would not purchase more US agricultural goods. The Trump-US Neocon trade strategy has just imploded. As this writer has been predicting, the threshold has now been passed, from a… Continue reading