Facebook iconTwitter icon
Global Monetary Policy Power Play
Thumb wa%cc%88hrungskrieg

International trade is taking shape with two equally powerful nations engaging in commercial arm-twisting. One side features The US, the world’s commercial hub, and China, the world’s industrial hub. A commercial arrangement comes with the price of money while industrialisation brings the balance of payment. In this case, America’s marginal advantage is the market and currency compared to China’s commodities of trade. However, president Trump's extensive trade tariffs have awakened the Chinese dragon. It seems, that the country is preparing for a different...

» Read more