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The MSM Loves war
Patrick Boyle
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Comments by "The MSM Loves war" (@themsmloveswar3985) on "China - Don't Say Deflation!" video.
The Chinese real estate sector is a bursting bubble. The Chinese manufacturing sector is now the largest in the world. And it will now go into overdrive, in pursuit of market share. There is a solution - devaluation of the currency. This would drive up inflation within China, in the media term. But Chinese inflation is already lower than anywhere else. It would undermine proposals of the Yuan being the new reserve currency. I reckon in the end China will choose that option. In addition China is now aiming to take out EU manufacturing. They are getting a lot of assistance from the German Green Party.
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That sounds like the EU. Now I am very concerned indeed.
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