Wisata Pulau Seribu » Discussions

Crypto Currency Vs Fiat Currency

  • December 14, 2021
    In the next couple of years starting in 2011, the currency Armageddon between China and the rest of the world (the United States at the front) is set to continue. Factions involved in this confrontation are expected not to back-down on their intransigence or demands because of the economic problems or better still trade imbalance problems currency discrepancies is creating among the nations. China to maintain its lead as the locomotive engine driving the world economy may not yield to any more calls for substantial revaluation of its currency the renminbi-RMB(the unit being the yuan) with proclivity of reducing its global competitiveness and supremacy. In nominal and purchasing power parity (ppp) terms, China is the second largest economy in the world after the U.S. Besides, it is the world's fastest growing economy with a growth rate of about 10%. The exchange rate of the RMB to the dollar is 6.6494 (November 25 2010). Nevertheless in real GDP terms, the economy of the U.S (real GDP $14256 billion in third quarter of 2010) is about three times that of China ($4909 billion in third quarter of 2010).

    Despite these statistics, the United States and the EU with its expansive deficit problems are pressing ahead to see leverage in global trade so as to curb it growing deficit. As at the third quarter of 2010, the U.S debt was over $13.5 trillion which is about 94% of the GDP ($14.7 trillion third quarter 2010). The debt which is made up of two-thirds public debt namely in Ryoshi Token bill, notes and bonds is said to have spiked from 51% of GDP in 1988 to its current state of approaching 100% of GDP. Now, China circumspectly appears to be on the defensive whiles the rest of the world led by United States are on the offensive. Furthermore, China is not likely to succumb to the offensive tactics being applied by the United States and other large economies due to some intrinsic reasons.

    Coming to think of it there are numerous reasons that go to expound the complexity of this currency war and to reveal the difficulty in dealing with this problem. In terms of longevity, the currency war is here to stay and the world should be bracing for long term strategies that can gradually deal with it without any despicable spill-over effects. This article would like to throw some light on some six(6) reasons why the currency pressure on China may not produce the expected impact in terms of leveraging trade imbalance (or balance of payments) and economic growth horizons. The six (6) reasons are classified into (1) Capitulating developments (2) Extrinsic Austerity measures
  • Mar 12
    Good – I should certainly pronounce, impressed with your website. I had no trouble navigating through all tabs as well as related information ended up being truly simple to do to access. I recently found what I hoped for before you know it at all. Quite unusual. Is likely to appreciate it for those who add forums or anything, web site theme . a tones way for your client to communicate. Nice task. https://sportsnewslive.org/안전공원
  • Mar 17
    Does your blog have a contact page? I’m having a tough time locating it but, I’d like to shoot you an email. I’ve got some ideas for your blog you might be interested in hearing. Either way, great website and I look forward to seeing it grow over time. Indien Touristenvisum
  • Mar 20
    An attention-grabbing dialogue is value comment. I believe that you need to write more on this matter, it won’t be a taboo subject however usually individuals are not sufficient to speak on such topics. To the next. Cheers ufabet เข้าสู่ระบบ
  • Mar 20
    Hey, very interesting article. My aunt and I have recently been searching for extensive details on this subject sort of stuff for a short time, however we didn’t until now. Do you think you can create a few youtube video clips concerning this, I do believe your web blog could well be more in depth if you ever did. In any other case, oh well. I will be viewing on this website in the near future. Email me to maintain me up-to-date. granite countertops cleveland ИЗИСКВАНИЯ ЗА ВИЗА ЗА НОВА ЗЕЛАНДИЯ
  • Mar 21
    books online are great, wether they are e-books or conventional hardbound and paperback books** เว็บบาคาร่า
  • Mar 22
    Hope you will update the article. I still like the blog Turkey Tourist Visa
  • Mar 23
    hey there, your site is fantastic. I do thank you for work 토토사이트
  • Mar 24
    Although I am unable to agree with all you staded, I’ve got to confess I do love to your web site of posting najlepsze gry hazardowe
  • Mar 26
    leather bags look really nice specially those natural leather bags, ‘ 美国签证在线申请