The British Pound is 3.9 percent of the CFETS RMB basket.
A lot of analysts and economists are blaming this drop on Brexit and it is a proximate cause because it has broken the post-2008 equilibrium. That equilibrium only existed as long as central banks and governments could tightly control the economy. For years now, I expected to see this chart, and see it repeated in euros, Canadian dollars, Chinese yuan, Australian dollars and eventually yen. As I expected with the United States, the trigger was not economic, but political. British voters had enough and voted to change the rules. Although the polls show Trump far behind Clinton at this late date, the zeitgeist still favors a Trump win. And if the U.S. doesn't revolt this year, there's Italy's referendum in December, plus German and French elections in 2017.
被前妻举报违纪武汉主任医师 时隔两月“履新”引质疑
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武汉大学人民医院胰腺外科主任医师、武汉大学教授汤志刚,遭前妻举报常年嫖娼、赌博、收回扣被撤职两个月后,被武汉市 […]...
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