Tag Archives: wealth exodus
Fighting the Suck in China
Old records are being broken. New records are being notched. On Monday, for example, the People’s Bank of China reported a record liquidation of foreign exchange reserves occurred in November. Specifically, China’s foreign exchange reserves declined $87.22 billion in November … Continue reading
Posted in Government Debt, MN Gordon
Tagged china, foreign exchange, wealth exodus, yuan, yuan devaluation
Leave a comment
