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Currency Wars


firefloor
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Here's an interesting quote from that article:

"Experts remain skeptical that a deal can be reached this year, mainly because China and the United States remain at loggerheads on key issues. Pushing the talks into 2012 — a U.S. presidential election year — would make a conclusion even less likely because the sensitive issue of trade would be a hard sell for politicians of any stripe."

So what does this mean for RV? Is an RV closely associated with a Chinese/US agreement on the Doha Accords? Are they completely seperate? Part of me says that since global economic policy is so closely intertwined with Chinese/US trade policies, that nothing gets done until this gets done. On the other hand, since domestic politics still have such a huge impact on policy, that Iraq will ignore what happens in the greater economic sphere and do whatever suits them best. Any thoughts on this?

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