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The risks of using currencies as economic weapons

Posted on 18 February 2013

The world economy faces a new threat. Instead of a banking collapse or too much debt, fears are growing that countries are using their currencies as an economic weapon. History suggests that’s never a good thing.
If too many countries try to weaken their currencies for economic gain - sparking a “currency war” - that could stifle business confidence and investment, sow turmoil in financial markets and derail a fragile global economy………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 37188 posts on Opalesque Commodities Briefing.


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