9.25.2005

Here we go again...

Snow, Chinese officials discuss currency

By Mark Felsenthal Sun Sep 25, 4:14 AM ET
WASHINGTON (Reuters) - U.S. Treasury Secretary
John Snow on Saturday told Chinese officials greater exchange rate flexibility is necessary to help the global economy deal with economic distortions, a U.S. official said.

Econo-Girl needs a chuckle these days. Those Chinese didn't change enough for us? Why would they? They faked us out to shut us up for a while. If we want to talk about imbalances, let's talk about the US trade and budget deficit.

2 comments:

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The Lazy Iguana said...

Wow! More blog spam! Too bad I do not have to loose any weight.

Anyway - there are at least two people in America who knew the chinese were full of moo-goo-gui-pan.

You would think that some nifty job offers featuring some unreasonably large pay scale would find the two people who knew all along that this whole issue was a farce. If only they used some kind of real name or something.