China severs its currency's link to the U.S. dollar

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No problem.

China is a huge threat in many ways in regards to US jobs.

It is also the main supplier of many things that people want and need.

It is almost like cutting your nose off to spite your face.
 
Good link Motorguy. Sorry I did a post on the same subject. Didn't see yours.

This seems like a positive step in the right direction. I can imagine some big American retailers not liking it due to their short term views.
 
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