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Trade Wars

Econophile's picture

Things I Worry About: China, Geithner, Trade Wars, A Collapse Of International Trade

Submitted by Econophile on 04/07/2010 23:12 -0500



Geithner and the Obama Administration are rolling the dice with its China policy in a very high stakes game. They are trying to force China to revalue the yuan. If we crap out, we face the possibility of trade wars and a collapse of international trade. I believe they don't understand what they are doing. This is big. Don't count on politicians to do the right thing.

 
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