07 December 2015

Go With The Flow

For those still not getting it, there really is a reason why USofA interest rates are low and P/E rates are high. There's moolah on the move, again and still. Get used to it, and admit that there's a global savings surplus.

Also, now having a reserve currency, Beijing risks greater punishment should it pull more instant devaluations. Be careful what you wish for.

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