When the facts change, I change my mind. What do you do? -- John Maynard Keynes
Showing posts with label War. Show all posts
Showing posts with label War. Show all posts

Tuesday, March 10, 2015

Why There Are No Winners in the Global Currency War (video)

Why There Are No Winners in the Global Currency War -


In a world where growth is scarce and prospects aren't improving, an unspoken currency war has broken out. The short term pay-off might be a boost in exports, but, according to Bloomberg View's Mark Gilbert, there can be no real winners in the end.

The Big Picture

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