The News UNIT

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Friday, July 17, 2015

The YUAN the U.S. DOLLAR and McDonald's BIG MAC could ignite a currency war

Is the YUAN the next WORLD RESERVE CURRENCY?

CURRENCY WARS are the next real threat to the world economy

The YUAN is undervalued

Compare McDonald's BIG MAC prices

I keep watching and waiting for what's really going to happen with China and all these rising BRICS NATIONS along with their Asian International Investment Bank (AIIB) and all the rumors of the Yuan becoming the next world reserve currency and so forth. There may be something to keep an eye on here:

http://www.theguardian.com/business/2015/jul/16/big-mac-index-chinese-yuan-value

...developing...