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  • US-China Trade War And Its Effect On Cryptocurrencies

    Authored by Miko Matsumura via CoinTelegraph.com, The People’s Bank of China (PBoC), the country’s central bank, has announced that it is planning to launch a central bank digital currency (CBDC), inspired in part by Facebook’s Libra project.  image courtesy of CoinTelegraph David Marcus, the head of Facebook cryptocurrency wallet Calibra, and known as the co-creator of the company’s venture into cryptocurrencies, had this to say on Twitter: “Like I said: if we don't lead (and by ‘we’ I...

    Zero Hedge
  • Trade War: Here is why humiliating China is a bad idea

    On Monday's episode of "The News & Why it Matters," Glenn Beck, Sara Gonzales, Aaron Colen, and Katie Williams discussed the grip that China has on the United States stock market and the potential blowback from trade wars. In this clip, Glenn explained that China owns between $12 and $16 trillion in the U.S. stock market through U.S. offshore shell corporations. Should the Chinese become hostile if backed into a corner, they could hit the "sell" button and crash our stock market instantly....

    TheBlaze
  • US companies in China say they've been hurt by trade war

    Collateral damage: US firms in China say they've been hurt by trade war

    ABC News