Tags » Currency War

Donald Trump is (still) wrong about how China's currency works

After infuriating Beijing with a phone call with Taiwan that upended decades of US diplomatic protocol, president-elect Donald J. Trump went a few steps further, rallying against China’s currency and military policies on Sunday (Dec. 351 more words

Welcome To The Currency War, Part 23: Europe Will Devalue Or Dissolve

Source: DollarCollapse.com, by John Rubino

No rest for the wicked. With the shockwaves from Brexit and President Trump still reverberating around the world, the established order is bracing for more bad news. 526 more words

Financial/Societal Collapse And Dependence

The cost of the Sino-US FX deal: Surging money market rates (in Hong Kong)

This is from Financial Times’ FT Fast this morning:

A key lending rate between Hong Kong banks jumped to its highest level since February, potentially making it more expensive to short the renminbi.

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China's Currency War

When China moves to lower the value of the yuan, others in the developing world follow suit. China’s currency moves also come at a critical time for the yuan: it was recently placed into the… 380 more words

Investing

A Currency War Battle That Europe and Japan Can’t Afford To Lose

From DollarCollapse.com

BY JOHN RUBINO

The dollar is tanking lately. From a high of around 100 in December, the dollar index — which measures USD against a basket of foreign currencies — is down about 8%, and the decline is steepening. 696 more words

Economy

John Rubino – Welcome to the Currency War (Part 22)

Source: FinancialSurvivalNetwork.com

John Rubino returns…

Not so long ago, a big Chinese currency devaluation seemed both inevitable and imminent. The story went like this: China had borrowed tens of trillions of dollars in response to the Great Recession and squandered much of it on uncompetitive factories and ghost cities. 129 more words

Financial/Societal Collapse And Dependence

Welcome To The Currency War, Part 22: China Devaluation Watch

Source: Dollar Collapse, by John Rubino

Not so long ago, a big Chinese currency devaluation seemed both inevitable and imminent. The story went like this: China had borrowed tens of trillions of dollars in response to the Great Recession and squandered much of it on uncompetitive factories and ghost cities. 863 more words

Financial/Societal Collapse And Dependence