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Thread: The US response to China (catch all)

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  1. #1
    Council Member
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    Quote Originally Posted by OUTLAW 09 View Post
    A soaring dollar could set off a currency war with China — via @TheFiscalTimes

    http://read.bi/1Tn3daY

    pic.twitter.com/6BFhm2v7PI

    With their almost total collapse of their stock exchanges coupled with the devaluation yesterday China is actually struggling to get their economy under control and coupled with a sudden and not anticipated slow down in exports--they are struggling regardless of how they color the picture.

    It will get worse when the Fed starts their rise of the US interest rates which will further strengthen the global USD.
    This is pretty much "in your face":China lets yuan fall further, fuels fears of currency war http://www.reuters.com/article/idUSKCN0QG04U20150812

  2. #2
    Council Member davidbfpo's Avatar
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    Default China's Picket Line, not an island Maginot Line

    Hat tip to WoTR for a reply to China's Maginot Line (Post 16 here):http://warontherocks.com/2015/08/the...maginot-line/?
    davidbfpo

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