Today's currency manipulation 'fun' fact

Posted by LDonia on 08/08/2013

Did you know...The U.S. trade deficit with China was $315 billion last year. Another way of putting that? More than the combined revenue of General Motors and General Electric during that year, or that it's larger than the gross domestic product of Denmark.

How does China manage to export so much to the U.S.?  One way is by deliberately undervaluing its currency to artificially lower the cost of its products in the U.S. market.

Will Congress pass legislation to address currency manipulation?  Learn more.

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