Sometimes the term “currency war” can be confusing, and the actual event even more so, although it’s not really all that difficult to understand. National currencies are traded on international markets, and this is what sets exchange rates, for example how many Japanese yen it takes to buy one US dollar. As the exchange rates vary, the relative costs of good and services traded among countries changes as well.
A currency war occurs when countries keep acting to devalue their currencies in the hope of stimulating their economies by making their exports cheaper for foreigners to buy. They rarely end well.
China has looked to take down the US dollar for some time. More on this on page two.
A meaningful of life is not being rich, being popular, being highly educated or being perfect. It is about being real, being humble, being strong and being able to share ourselves and touch the lives of other. It is only then that we could have a full, happy and contented life.
F China.
F**k China. Communist bastards
Thanks to no nothing obozo, another major crisis is born!!
What planet do you live on? Smoking weed? On psychedelic drugs? Are you from the ‘love & peace’ cult? Buddhist? New age cult religion? Well, it’s something! Grounded normal people don’t lecture like this. You contradict yourself from your first to your last.
Thanks chump
Trump is going after China big time and they will soon see the error of their ways, I hope.
Pet your puppy little snowflake!!
Play dough and puppies will get ya$#%&!@*beat snowflake!!
Can’t say we weren’t warned in 08 and even before that with that Bush$#%&!@*then Obama spending more than anybody in the history of the country thanks to that chimp it’s even more possible than ever