For the first time ever, the Chinese yuan went under 8 yuan to the dollar. Though it was neglibile in its change - less than 1/10th of one percent....the psychological significance is great. The yuan moved into unchartered territory and everyone lived.
It's kind of like waking up to being 40 and then 50....I don't know about 60 yet. I thought it would hurt...but, I survived.
There are two schools - aren't there always? Well, actually, I believe there are always at least three of everything....the right, the left and somewhere in between.
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