Renminbi peg is one of the largest structural impediments toward economic recovery in the United States. Peg is exacerbating the u.s. Large fiscal deficit while enabling elected officials to delay difficult spending adjustments. Devaluation by the second largest economy in the world has been a major, if not primary, contributing factor.
Renminbi peg is one of the largest structural impediments toward economic recovery in the United States. Peg is exacerbating the u.s. Large fiscal deficit while enabling elected officials to delay difficult spending adjustments. Devaluation by the second largest economy in the world has been a major, if not primary, contributing factor.
Renminbi peg is one of the largest structural impediments toward economic recovery in the United States. Peg is exacerbating the u.s. Large fiscal deficit while enabling elected officials to delay difficult spending adjustments. Devaluation by the second largest economy in the world has been a major, if not primary, contributing factor.