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This is a parable about the new geopolitical new normal. The parable stars someone who closely interacts with selected Masters of the Universe. Through his business deals, he has no doubt about having identified the way the current high-stakes geopolitical game is being played. That even led him to pen a letter to the […]
Posts Tagged ‘People's Bank of China’
A parable for our dangerous times
August 31st, 2015 
Awake Goy 
Posted in World News 
Tags: Masters of the Universe, parable, PBOC, People's Bank of China 
No Comments »The devaluation of the yuan tests China’s rise as a world power, by Ariel Noyola Rodríguez
August 31st, 2015 Awake Goy The three devaluations of the yuan, between 10 and 12 August, have key implications for the world economy and the geopolitical balance in the Asia-Pacific [1]. The “relatively big” trade surplus keeps the effective exchange rate “relatively high” and therefore, it is not “entirely consistent with the expectations of the market”, specifies the People’s Bank of […]
Posted in World News Tags: china, devaluation, effective exchange rate, People's Bank of China No Comments »
