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China devalues yuan 20% - Outrageous Predictions for 2015
With the Chinese domestic housing and credit bubble finally correcting, if not imploding, China will be looking for any way it can to ease the enormous deflationary pressures that characterise the downside of a credit cycle.
00:53 minutes
Tags: 2015, bank of japan, boj, china, china devalues, content, credit bubble, currency, currency war, fx, inflation, outrageous, outrageous predictions, predictions, saxo, saxo bank, saxo tv, tradingfloor.com, tv, yuan, yuan devaluation
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