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Economy
G20 vows to avoid currency war
2010-10-24
Finance ministers from the Group of 20 nations have promised to refrain from “competitive devaluation” of their currencies, heading off the prospect of a currency war.
And then they all rode home on their unicorns.
Posted by:tipper

#8  This is code for "the war on those nasty savers will continue"

With out of control public and private debt, lunacy is too weak a word for this.
Posted by: phil_b   2010-10-24 19:15  

#7  LOL, AH.
Posted by: Barbara Skolaut   2010-10-24 17:50  

#6  Kenyan
Posted by: Anguper Hupomosing9418   2010-10-24 17:39  

#5  Keynesian
Posted by: Bright Pebbles   2010-10-24 17:31  

#4  This is code for "the war on those nasty savers will continue"

Signed The Keynsian Fools Club.
Posted by: Bright Pebbles   2010-10-24 17:30  

#3  Seems an awful lot like it's already well underway 'moose.
Posted by: AzCat   2010-10-24 11:33  

#2  So, given the duplicity of the assembled, when is the currency war going to start?
Posted by: Anonymoose   2010-10-24 09:47  

#1  Currency war is a trade war by other means. Its also a clear indication that trade agreements and resolutions of unfair trading practices are not working effectively enough to avoid such wars by other means. Deep in the darkest recesses, some pols are discovering that too many trade agreements are simply means to ship unemployment to other countries.
Posted by: Procopius2k   2010-10-24 09:03  

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