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IPFS News Link • Italy

"One Size Fits Germany" Math Impossibility, Get Your Money Out of Italy Now!

•, by Mike Mish Shedlock

There was much discussion yesterday about the US Treasury report that determined China was not a currency manipulator.

However, there are six countries on the manipulation watch list: China, Japan, Korea, India, Germany, and Switzerland.

Japan, Germany, and Korea have met two of the three criteria in every Report since the April 2016 Report having material current account surpluses combined with significant bilateral trade surpluses with the United States.