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World Faces New Wave of Currency Wars

Posted on October 13, 2010, viewed
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An American bill imposing punitive tarifs on countries that undervalue their currencies is set to unleash a new trade war between the US and China. But in fact the whole global currency system is in a state of jeopardy. As confidence in the dollar drops, private investors are putting their faith in gold. By SPIEGEL Staff.

via www.spiegel.de

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