The Happy Arab News Service

Sunday, January 3, 2010

Lets have a nice little global trade war

Paul Krugman about China's currency peg:

The bottom line is that Chinese mercantilism is a growing problem, and the victims of that mercantilism have little to lose from a trade confrontation.

Source: The New York Times

I concur, lots of fun and little to lose, let alone that this time we can do something really exciting for a change.

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Proclaimed un monstruooo muy monstruoso at 1:03 AM