China's Authorities Unable To Rescue Plunging Currency

Major dollar crisis brewing in Asia threatening the world's monetary system and economy.

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China's yuan currency has been incredibly weak to the point authorities in Beijing have been unable to successfully intervene against the dollar. It spells worldwide trouble given falling CNY is a dependable global recession and crisis signal. The worse it becomes for the Chinese, the more deflation we should expect elsewhere.

Video Length: 00:18:39


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