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Germany Shows Signs of Recession - Is the Global Economy Next?
Posted
August 15, 2019
Views
12,766
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360
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August 15, 2019
12,766
360
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15:27
12:58Now PlayingHeiner Flassbeck argues that the China-US trade war is not having as much of an impact on the global economy as many assume. China's currency is not undervalued, despite its recent devaluation. Rather, the undervalued Euro gives Germany a real competitive advantage in world trade. It's actually Europe's economic weakness that is dragging down Germany, not China
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