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

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

John Rubino, Dollar Collapse, Released on 3/11/16 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. The companies and governments […]