Monday, June 06, 2016

Danielle Park--Credit: It Doesn't Matter 
Until It Matters, Like Now! 
Danielle Park is seeing deflation everywhere. There's a currency war where the loser is actually the winner. China is cutting its currency values in an effort to sell more stuff to the U.S. & the World. It won't work, but it's worth a shot. On a net basis it's a loser. It's not going to build prosperity & lift standards of living. But it sure feels good when it's happening .. 23 minutes

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