5.27.2005

Bluffing Snow

AP - Thu May 26, 8:07 PM ET
WASHINGTON - China is likely to move within months to adopt a more flexible currency system as U.S. officials have been prodding it to do, Treasury Secretary John Snow said Thursday...

Econo-Girl doesn't believe it for a second. Why would China be seen to bow to US demands?

1 comment:

The Lazy Iguana said...

I agree 100%, but you and I are the only ones with the stones to say it!

The People's Republic Of China will never cow down to the west. They know that the USA when all is said and done will not do anything. They know that if we declare sanctions against them, the Wal-Marts of America will be empty. It would be economic suicide.

More people should read your posts. All major news networks would be a good start!