Daily Archives: October 24, 2016

Is China About to Go “Scorched Earth” on the US Dollar?

China’s currency, the Chinese Yuan, remains pegged to the US Dollar. So when the US Dollar strengthens, the Chinese Yuan strengthens to. For an economy as rife with garbage debt as China (shadow banking debt is over 200% of GDP), … Continue reading

Posted in It's a Bull Market | Comments Off on Is China About to Go “Scorched Earth” on the US Dollar?