To: bruinbirdman
China's authorities seem split over how to respond to moves on Capitol Hill for legislation to punish Beijing for holding down the yuan. The central bank has ruled out use of its "nuclear weapon", insisting that it would not exploit its $2.45 trillion of foreign reserves for political purposes.But it sure makes a good club to hold over our government's head to ensure that our government jumps everytime China yells, "frog".
9 posted on
09/14/2010 1:57:44 PM PDT by
OB1kNOb
(Contrary to popular belief, America is separated by class.... the political class and all others.)
To: OB1kNOb
But it sure makes a good club to hold over our government's head to ensure that our government jumps everytime China yells, "frog". What else is China going to do with all those dollars they earn from the massive current account deficit they have with us?
Nuclear weapon?
LOL!
11 posted on
09/14/2010 2:06:53 PM PDT by
Mase
(Save me from the people who would save me from myself!)
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