- Joined
- Jul 20, 2005
- Messages
- 20,688
- Reaction score
- 7,320
- Location
- Washington, DC
- Gender
- Male
- Political Leaning
- Liberal
If only you knew that the Chinese are playing a new version of the mercantlist game... too bad too many people are too blind to recognize this...
Oh I'm well aware of it. I just don't think that beggar-thy-neighbor currency manipulation is a sustainable strategy for economic growth (and certainly not the ONLY such strategy), and I think the Chinese have reached the same conclusion. That's why they've been slowly moving away from that approach.