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Investors are coming to terms with what a Chinese renminbi devaluation means for Western markets. It means global deflation and recession, the western manufacturing sector will choke under this imported deflationary tourniquet. Indeed U.S. manufacturing seems to be suffering particularly badly already.
– Albert Edwards
Found on Reuters2 years ago
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"Albert Edwards Quotes." Quotes.net. STANDS4 LLC, 2018. Web. 24 Feb. 2018. <https://www.quotes.net/authors/Albert+Edwards>.
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