Gee… What’s bothering China?…..
We declared war on them! Not to long ago they stopped buying our bonds. Lately they’ve bought some because the dollar collapsed. Then Geithner bitched slapped them publicly pretty much blaming our money collapse on them. Even though China paid for it. I don’t remember The Commies screw the Americans out of their pensions, house and credit cards.
You didn’t think China was just going to do the rockaway and lean back, lean back, lean back. Nope – China Daily says: “A currency war is spreading as the dollar’s value against major world currencies has continued to decline in recent days” and calmly confirms what everyone esle knows: “It is the dollar that triggered the currency war. Seemingly a market move, the depreciation of the dollar is actually active.” Check to you, Tim Geithner and your currency manipulation report. What is remarkable, is how simply and accurately CD writer Li Xiangyang captures absolutely everything that Bernanke is trying to achieve.
From China Daily:
A currency war is spreading as the dollar’s value against major world currencies has continued to decline in recent days. Some developed countries have begun to intervene in their exchange rates. The recovery of the global economy will suffer a negative impact if this trend is not checked.