The economy is worn out, the unemployment rate climbs, the public finance to be unbalanced, lets the European and American economy complain of hardship repeatedly. The balanced budget and the curtail expenses, caused Europe to strike the demonstration tide. US “tea party” starting, the old guard further does strongly, the Congress trade protectionism bill is advancing the onstage. In Britain, is facing “revolt which several dozens years have not met”. Meanwhile, various countries present the export speed-up to drop the trade situation which, the import increases.
But China just took along the large amount foreign exchange reserve, the capital in Greece, Iceland, obtained from the European weakest link, to seep in the eurogroup. “the European sickness, China governs”, the Chinese inexpensive workers accumulate laboriously the foreign exchange earnings, have to take away first for other rule by people “illness requiring rest and good food”.
After this is only, financial crisis's low intensity allergic reaction? It is not! The aspect is worse, is more advantageous in starts a long premeditated mixing the cards. When same year's campaign war, Clinton once like this ridiculed Bush Sr.: Fool! The question lies in the economy. Now, we may also to also to current situation numb person Gao Hou: “fool! That is the currency war!”
Song Hongbing writes "Currency War" in a book wrote like this: President has two chief enemies, “in front of me south army, but also has the following financial organ. In this both, the latter is the biggest threat. I see the crisis which the future will make me to shiver to us to approach, let me to our country safety tremble. The money strength will continue to rule and to hurt the people, agglomerates in finally the small number of people hand until the wealth, our Republic will be destroyed. I anxious exceeded now to this national safety at any time in the past, even was more anxious than in the war”.
Looks over each kind of factor, current this already burnt the flame “the currency war” disquieting, only if all quarters retreat the standard, otherwise, presses other country by the folk remedy motion to accept their self-hypothesis condition is invalid, i.e., this currency fought must be certainly forces Japan to obey in the 1980s “the square agreement” that simply.
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