A few days ago I posted an article on China’s warning to the approach outlined below.
They warned on to get into a trade dispute or question their yuan policies.
These two articles show the rock and a hard place we find ourselves in by being so over leveraged (in debt) with China. If they continue on this course it will be “interesting” (no good results) to see what China’s response will be.
We could be witnessing the initial trigger that kills the dollar and plunges us into hyper-inflation.
Which opens the door to one world currency and one world government…
(Link to earlier article: Chinese think tank warns US it will emerge as loser in trade war)
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Geithner Steps up China Yuan Policy Criticism
U.S. Treasury Secretary Timothy Geithner sharpened his criticism of China’s exchange rate policies, saying the yuan was strengthening too slowly and that he will look for new ways to get Beijing to move faster.
In testimony released on Wednesday and prepared for U.S. lawmakers considering a tough new trade law, Geithner called on China to allow “significant, sustained appreciation over time” and for the yuan to “fully reflect market forces.”
myBlessedHope 