Re: [spiers] China and Currency
> I think what is happening is something of a judo
> match... big bad usa is undisputed
> champion, and sets all the rules... I think China is
> lettng usa push its weight around, waiting
> for USA to make a big mistake, one in which usa will
> take itself down, and lessen the threat to
> China.
Could driving the deficit up to astronomical levels be
the big mistake? I'm far from an expert, and I don't
like paying taxes anymore than the next guy, but my
naive view says we should pay the bills.
Monday, February 13, 2006
China and Currency
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