Next Phase in Currency Wars: Yen Plunge, Yuan Devaluation, and "Tidal Wave of Westbound Deflation"
The Yen currently trades about 115 to the US dollar. At the end of 2011 the Yen was about 77 to the dollar. That is a decline of roughly 33%.
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The Yen currently trades about 115 to the US dollar. At the end of 2011 the Yen was about 77 to the dollar. That is a decline of roughly 33%.
The governor of West Virginia : These proposals appear to realize some of our worst fears….based on our initial review of these rules, not a single West Virginia power plant will be in compliance if the rules were in effect today despite the billions of dollars companies have already spent to modernize their facilities.
See the original post: Fate of the World – PowerFlip 2036
Read the original: IMF Upbeat on US and Global Growth, Steen Jakobsen Says "Surprise Index" Differs
He has served on various corporate boards of directors and as Managing Director of The Blackstone Group. He also served as Director of the Office of Management and Budget under President Reagan
Taken from: China Fooled the World (But It Cannot Last)