Mrcauser’s Weblog

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Should we tell them….

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Let the ex Soviets tell them. You fuck with Western elites they bankrupt you! So stay bought, God damn it. China is where it’s at because the West financed them and shipped our jobs over there.


UPDATE 1-China minister says dlr printing out of control | Reuters

* China commerce minister says dollar printing hurting China

* Says exporters are prepared for exchange rate changes

* Says export growth next year to be stable, imports to soar

BEIJING, Oct 26 (Reuters) – Dollar issuance by the United States is “out of control”, leading to an inflation assault on China, the Chinese commerce minister said in comments reported on Tuesday.

Chen Deming, speaking at a trade fair in southern China, said that exporters had done a good job of preparing themselves for exchange rate changes as well as rising labour costs, but were suddenly confronted with new challenges.

“Because the United States’ issuance of dollars is out of control and international commodity prices are continuing to rise, China is being attacked by imported inflation


Written by mrcauser

October 30, 2010 at 6:45 pm

Posted in Uncategorized

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