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Politics : Formerly About Advanced Micro Devices

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To: ryanaka who wrote (1156014)8/10/2019 12:13:12 PM
From: ryanaka  Read Replies (1) of 1577864
 
"A few key emerging market economies, such as India and Thailand, have cut interest rates sharply as a defensive action to protect themselves from the collateral damage resulting from rising global trade tensions, amid weakening domestic growth. Major advanced economy central banks such as the Bank of England, the Bank of Japan and the European Central Bank are likely to loosen monetary policy in the coming months to deal with the travails of their own economies. Given the importance of trade to these economies, and whether or not they are explicitly targeting weaker currencies, they are no doubt counting on such a move to provide a boost to growth. Under Donald Trump, the US administration has taken an aggressive rhetorical approach, threatening to devalue the dollar if the country’s trading partners engage in what it regards as competitive currency devaluations. The US has shown little interest in any fine distinctions between market-driven currency depreciations versus targeted policy-driven devaluations, viewing all currency depreciations relative to the dollar as hostile economic acts. "

=> Trump is omniscient leader only to Trumptards.
=> To everyone else, Trump is an ignoramus whose head is filled with maggots.

MAGA=Made America Greatly Anemic.
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