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21-02-2016, 05:21 PM
This video clip was actually from a BBC special called
How China Fooled the world by Robert Peston
http://www.bbc.co.uk/programmes/b03w7gxt/clips
Released sometime last september 2015 after the China shock devaluation that caused markets to correct worldwide.. You can get the whole video in FHD via bit torrent. Interesting watch.
Robert Peston has since left BBC to ITV. He used to be BBC's economics editor.
China is now facing the same headache as other countries. if they do currency devaluation, it will just quicken capital outflows and they will lose face to all the "ang mo" shortist fund managers.
If they dun devalue, their now lousy internal debt ridden economy will start recessioning left and right..
How China Fooled the world by Robert Peston
http://www.bbc.co.uk/programmes/b03w7gxt/clips
Released sometime last september 2015 after the China shock devaluation that caused markets to correct worldwide.. You can get the whole video in FHD via bit torrent. Interesting watch.
Robert Peston has since left BBC to ITV. He used to be BBC's economics editor.
China is now facing the same headache as other countries. if they do currency devaluation, it will just quicken capital outflows and they will lose face to all the "ang mo" shortist fund managers.
If they dun devalue, their now lousy internal debt ridden economy will start recessioning left and right..
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
http://thebluefund.blogspot.com