GLOBALIZATION IN REVERSE: THE ULTIMATE DOMINO COLLAPSE
Guest Post By Bill H.
FEBRUARY 20, 2013
The G-20 met this past week and issued statements warning against “currency wars”. But what is it that they are really saying? In reality they are warning against trade wars because we know what these ultimately lead to…real wars. But what is the alternative for countries like Japan? They have levered their economy to the hilt at the behest of U.S. and IMF rocket science economists and their market share has shrunk.
If they don’t knock the legs out from under their currency they will watch deflation set in further and bury their economy and financial system.