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Countdown to Financial Armageddon
Tracking the final days of the debt bubble
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China warns over exports slowdown

China warns over exports slowdown | Countdown to Financial Armageddon | Scoop.it

It was kind of inevitable: China warns of "severe challenges" to its exports due to falling demand in the US and Europe and will target developing markets.

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Slowdown in China's trade growth

Slowdown in China's trade growth | Countdown to Financial Armageddon | Scoop.it

China's Exports rose 17.1% in September, from a year earlier, but fell from a 24.5% growth in the previous month. Meanwhile, imports rose 20.9%, down from a 30.2% jump in August.

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Currency Wars: Japan 'ready' to act on yen

Currency Wars: Japan 'ready' to act on yen | Countdown to Financial Armageddon | Scoop.it

Japan is prepared to take action in the foreign exchange market to stem the rising yen, says its finance minister.

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Washington Goes to War With China Over Currency Manipulation

Washington Goes to War With China Over Currency Manipulation | Countdown to Financial Armageddon | Scoop.it

After eight years, that campaign is on the verge of a breakthrough, as the Senate appeared ready Thursday to approve a get-tough approach that had stalled numerous times before: a bill to punish China with high tariffs on some exports if it fails to adopt a market-driven exchange rate.

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