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Global Currency War, Who Is The Winner And The Loser? - Politics - Nairaland

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Global Currency War, Who Is The Winner And The Loser? by patrick89(m): 10:06pm On Mar 20, 2015
This is my humble observation/ opinion...In this currency war! Who are the losers and winners asked by major international business media outlets,
In my own view, I think dollar is the winner here, the currency crisis rocking the Emerging markets is an indication that America is not happy with the emerging markets. Being that most of these emerging markets depend on oil and gas, they have done the following..
1. Crashing of the oil price in the international market.

2. Create artificial crisis within the states,by scuttling the government.
This is true because, the high rise in dollar will be a blessing to some countries that will start diversifying their economy, become independent like china. Which will eventually render "high" dollar useless.

Yes, this can be possible, if dollar becomes too high, it will discourage importation and encourage local production, this will make us to produce what we use in this country. We will end up importing very little.

But America is smarter than that, they have planned to create crisis that will make the government incapable of carrying out the domestic reform and restructuring, that will encourage local manufacturers.

Take a look at Russia, Nigeria, Iran and Venezuela. These countries are emerging market and oil dependent nations. America has been meddling in their political affairs. They have sanction Russia and Venezuela, they want to scuttle the democracy system of Nigeria and Iran.

By being sympathetic to terrorist groups in both countries. Think! think!! think!!!
Fellow Nigerians let us be very careful with this Hussein obama.

Re: Global Currency War, Who Is The Winner And The Loser? by patrick89(m): 10:09pm On Mar 20, 2015
Here..

Re: Global Currency War, Who Is The Winner And The Loser? by psucc(m): 10:19pm On Mar 20, 2015
Yes. There is always light at the end of a tunnel. If we can harness our potentials, and work harder in unity, giving every facet of our economy the ebola-treatment; for sure we will overcome the plots of the western world.
Re: Global Currency War, Who Is The Winner And The Loser? by patrick89(m): 6:30am On Mar 21, 2015
psucc:
Yes. There is always light at the end of a tunnel. If we can harness our potentials, and work harder in unity, giving every facet of our economy the ebola-treatment; for sure we will overcome the plots of the western world.
yea we will, and we have the capacity

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