After my previous post, about the folly of Trump’s tariffs,

(Mrcmos/Dreamstime)

Everything from equities to oil to emerging-market assets are in danger of becoming collateral damage as the current global financial order is assailed from Beijing to Washington. [Full Story]

I came across this article in NewsMax, a rightwing news publication, explaining how we could REALLY get hurt in a currency war, and it’s already happening.
No wonder Dotard is bitching at the Fed, who is STRENGTHENING the dollar, and hurting our economy, with rate hikes, while the EU and China is doing the opposite, in the opening salvos of a tariff/trade/currency war.
The outclassed, ignorant, arrogant Dotard iis gonna get his fat ass handed to him, as he competes in an area where his is as clueless as the ignorant sheep who elected him.
Click on and read the entire article, below, then tell me how smart the Orange Clown is, as he f**ks up the entire world economy.

The currency war has arrived.

So say some of the best and brightest in the $5.1 trillion-per-day foreign-exchange market. U.S. President Donald Trump on Friday accused China and the European Union of “manipulating their currencies and interest rates lower.” The comments came after the yuan plunged to its lowest level in a year, with little sign of China’s central bank intervening to stem the slide. They also follow a decline in the euro this year and add to the calculus that European Central Bank policy makers might need to consider when they meet next week.

As the world’s largest economies open up a new front in their increasingly acrimonious game of brinkmanship, the consequences could be dire -- and ripple far beyond the U.S. and Chinese currencies. Everything from equities to oil to emerging-market assets are in danger of becoming collateral damage as the current global financial order is assailed from Beijing to Washington.

Read Newsmax: Currency War Erupts, Threatening to Ripple Across Global Markets | Newsmax.com