Wednesday, March 17, 2010

Don't Blame China... "Our Problems Are Our Own Making" says Axel Merk... points out that financing our deficit abroad then crying protectionism is a tough argument to win "You're only shooting yourself in the foot. Our problems are our own making... The U.S. should be pursuing a strong dollar policy... But at the same time, China should do the same thing."... forecasts China eventually will float its currency, but only when it's ready, not based on pushing by foreign politicians...

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