14 októbra, 2013

Spain is a real ticking time bomb.

It seems that currency wars are heating up. The US dollar has been depreciated by FED activities and Japan confirmed depreciation of yen last week. Now Swiss Finance Minister Eveline Widmer-Schlumpf told reporters that Swiss franc is too strong and more depreciation is needed. Swiss franc is still 9.1 % stronger than its five year…

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