nakedempire


The American Empire in a Changing World



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Friday, September 9, 2011

'Unleashing the Dogs of Currency War'

from wsj......

"The Swiss National Bank may have unleashed the dogs of war.


As the global economic recovery continues to falter and exporters around the world find life increasingly difficult, more central banks will come under pressure to manage their currencies more carefully. In other words, they must ensure their currencies remain competitive as the battle in export markets intensifies"...........READ MORE

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