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Old 03-26-2011, 05:31 PM   #1
wcqp1m85
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Default Asia Times China and the United States deliberate

Article excerpts are as follows:

the West for China's attitude is only one problem. How will the Chinese people under such a big mistake stuffed, hard-earned savings will be used to purchase up to 1 trillion in U.S. Treasury bonds. While U.S. Treasury bonds a good buy, but not
Easy to sell. Even if the U.S. government since 1971, introduced in fiscal and monetary policies bold turn a blind eye, but will put all our eggs in China in one basket is a terrible mistake. However, the Chinese have begun
Through the diversification of means of trying to correct errors.
China may have learned the lessons of Japan's pathetic. Before a buyer in China, Japan was the largest U.S. investor. In 1971, the Japanese trade surplus with the United States ever, when the yen-dollar exchange rate is 300 to 1. American policy makers and monetary experts put great pressure on Japan to force the practice of popular appreciation of the yen. This fallacy that it would reduce the U.S. trade deficit and thus to eliminate. 1981 to exchange $ 1 100 yen. 3 times the appreciation of the yen, but did not improve the U.S. trade deficit with Japan. On the contrary, this situation has continued to deteriorate 10 times!
Chinese people should have seen the ominous omen: the purchase of dollar assets is tantamount to kiss their own savings. U.S. exchange rate policy is purely original extortion, a kind of exchange rate policy under the guise of a private trading partners to shift the surplus accumulated in the scam are collected in the bag.
Chinese people should have seen through the trap. All Americans hope that they buy dollar bonds. Then they started to revalue its currency claws to the surface,beats by dre, but claim that this is correct the trade imbalance in the effective exchange rate mechanism. Obviously this is not an effective mechanism,tods men, because it is not effective, can only aggravate the trade imbalance.
is not to eliminate the U.S. trade deficit. They just do everything possible to eliminate debt. They know that the RMB exchange rate,tods, the more absorption in unknowingly China's savings. If China wants to get back in the U.S. store
Residual savings bank, and then they may face the same outcome in Japan. The United States is likely to be ready for the Chinese rhetoric: China excellent credit rating, zero foreign debt. China should not be clearing U.S. dollar deposits. This is the benefit
Attacks with toxic debt foreign banking system.
the Japanese tendency to irrational behavior and abuse, can the Japanese occupied the country is still a fact of interpretation. But China is not, it does not take orders from the U.S. currency manipulators and debt traders clamor. Why not brave resistance of such corruption in China? Poison of this debt, said
Deliberate balance of trade in foreign exchange rates as a theoretical tool, not only vicious, false, but also very deceptive. It has never worked before, in the future will always work. It comes from America's own interests,dre beats, ready to launch a new Opium War in China, through the guise of depreciation of the dollar to reduce its external debt, the interest expense the cost of trading partners, and trade imbalance,beats by dr dre, the responsibility to trade surplus countries. The right way to resolve trade issues is not to force the exchange rate volatility, but rather is to maintain exchange rate stability
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