Archive for November 11th, 2009
Forex Implications of China-US Economic Codependency – 1019th Edition
The Economist recently published a special report on China and America (”Round lasix generic and round it goes“). As the title suggests, the article described the increasing interdependency between the economies of the US and China. In a nutshell, China maintains an undervalued currency, in order to stimulate exports. The resulting overseas (American) demand [...]
