Currency War: US and China
The rise of China’s economic power since the past decade has raised concerns regarding the ability to sustain such growth and whether it will be able to overtake the US as the global reserve currency.
The rise of China’s economic power since the past decade has raised concerns regarding the ability to sustain such growth and whether it will be able to overtake the US as the global reserve currency.
Hey I’ve successfully completed my military training phase! So… throughout my 72km route march, a thought occurred to me. What happens if Greece defaults on its debt? It seems pretty bad IF the EU actually allows it to happen, but what if… it really does happen?
As globalization progress, the economy of countries are becoming more inter-connected. Manipulation on currencies and capital controls to drive up exports are increasingly common in the modern world. These are all by-products of the movement of capital within and between countries. So what exactly does Capital Flow mean?