Originally Posted by
Organ Morgan.
New Zealand, Thailand and India cut their interest rate today as the global economic shite storm gathered speed, and the ragged pound is down to 1.08 versus the euro.
The Yanks declaring China a currency manipulator two days back, which was the first time in 25 years they'd accused any competitor of such skulduggery, alerted the world that no end is in sight to their trade war and when the world's two biggest economies go toe-to-toe then everyone else feels the slowdown.
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