Tuesday, August 11, 2015

Devaluating the Currency

Mainland China (the one party communistic semi-capitalistic country) has devaluated its currency. It lost about 2 % of its value. This is a result of lesser growth in the Chinese economy.

I am not sad about this. In fact, I think it is good that the Chinese economy runs less smooth, because it can become the cause of necessary political reforms. China needs more democracy, rules and regulations against animal cruelty, and turn down its aggressions towards its neighbours. I hope this will be some of the long time results. The dogs and humans living in China need this.

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