Real Currency War start
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Global US-Dollar Shortage - Are We Already in a Recession?
- Thread starter realDonaldTrump
- Start date
no, it's liquidity crisis.
The bubble has burst: On the road to a lost Chinese economic decade
https://thehill.com/opinion/finance...n-the-road-to-a-lost-chinese-economic-decade/
SHANGHAI, April 26 (Reuters) - China's sliding yuan has been hitting the weak end of the band in so-called cash settlement transactions this week, making it challenging for banks and businesses on the mainland to transact, traders say.
https://finance.yahoo.com/news/chinas-yuan-hits-downside-limit-070804693.html
https://finance.yahoo.com/news/chinas-yuan-hits-downside-limit-070804693.html
Japanese Yen plummets
USDJPY - 158
The US dollar shortage is really concerning, and currency charts show its strength against other major currencies. Well, a recession hasn't been officially declared, but signs like this coupled with inflation and job losses make me worried about the economy's health. Hopefully, the situation will be stabilized.
Currency war coming mah
MCQ
Fiat currency drop against ..........????
A. NTUC toilet paper
B. Gheyland Cheekon Rice
C. Apple stock
D. All of above
E. I dun know
F. I dun care
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