This may lead not just to a currency war, but a shooting war: Brazil’s president-elect Dilma Rousseff put it even more bluntly late
last week: “The last time there was a competitive devaluation of
currencies, it ended up where it did, in the second World War.”
shar.es
President Obama's trip to India and how it might have stoked a currency and/or trade war with China is discussed in this essay.
No comments:
Post a Comment