Friday, June 25, 2010
CHINESE CURRENCY/ EXPORT POLICY DOUBLE RED HERRING
Some commentators blame 'China export policy', not 'currency manipulation', implying currency manipulation is really a 'red herring'.
This is the same economics-driven argument which intellectually gullible Americans have been fed for two generations now.
The problems, which trade, finance, (and foreign direct investment) have caused, have been based on American policies, failures of American governance structures, not on the currency, or export, policies, of so called 'trading' 'partners'.
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