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September 29, 2011
It has for the last year to two year, and it will continue to. why? because its in their interest. they know theyve got to devalue their currency. its got to be more of a market-based model, because theyre transitioning from the largest export machine to a consumption machine, and they their currency will have to be appropriately valued. heres the deal on china that not a lotánhhátc:bhg- the u.s./china relationship is not going to work until such time as we fix our core. we dont have leverage ...
September 29, 2011
Meaning at the end of the day. it has for the last year to two year, and it will continue to. why? because its in their interest. they know theyve got to devalue their currency. its got to be more of a market-based model, because theyre transitioning from the largest export machine to a consumption machine, and they their currency will have to be appropriately valued. heres the deal on china that not a lotánhhátc:bhg- the u.s./china relationship is not going to work until such time as we fix o...