Friday, June 24, 2016

As Financial Markets Focus on Brexit, The Chinese Yuan Drops Sharply


As financial markets fixate over the nail-biting and cliff hanging Brexit, hardly anyone has noticed that the yuan has significantly been tanking


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Stagflation Part 18: Philippine Banks as Shock Absorber — Record Lending, Record Bonds, Record Hiding Places

     But the boom cannot continue indefinitely. There are two alternatives. Either the banks continue the credit expansion without restricti...