Brannon Howse: August 11, 2015

 

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Guest: Rob Congdon joins us to discuss the breaking news that China has devalued their currency. What does this mean for the American dollar and other world currencies? A few years ago James Rickards predicted a currency war in his best-selling book. Is what China just did part of that currency war? Topic: China and Russia are working together in an economic partnership for their own benefit but part of the goal may be to bring down America economically. Topic: Does the move by China have anything to do with the upcoming decision by the International Monetary Fund to possibly add the Yuan to the basket of currencies that make up the Special Drawing Rights?

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