[arete]

You have the malcontent ping list.

Misfire. Let me try this again. Ping to the (un)usual suspects and malcontents.:-)

Richard W.

[palmer]

I'm not malcontent. I'm actually glad that I know my Social Security and Medicare is buried in our $40 trillion in liabilities. That allows me to plan for my future: privately funded retirement on extremely low cost-of-living and taking full responsibility for my own health. I expect nothing from the federal government except an ever-increasing tax burden.

[steve50]

``In the context of exchange rates, we will strengthen the dialogue with other major economic areas to promote a smooth adjustment of international imbalances, based on market mechanisms,''

These guys have such flowery ways of saying nothing.

Looks to me like the bottom line is the USofA Inc, LLC; want the Chinese to play with their currency to raise prices.

[lelio]

Ping to the (un)usual suspects and malcontents.:-)

I'm beginning to like the taunt of "The Bubble Boy Club." We could have a logo of the Bubble Boy from Seinfeld reaching out and choking George.

China's yuan is fixed to the dollar at a rate of about 8.3 and Japan, the sole G-7 member to frequently intervene in markets, sold an unprecedented 9.03 trillion yen ($76.8 billion) from January through July in an effort to weaken the currency and boost exports.

Is there a good book about international finance? Who is Japan selling $77B of "stuff" to? What do they get in return? Are these figures mindboggling or am I just naive?