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peterbarnes35 - Sun, 17 Dec 06 :

goldnoil
The post from paulson and bernanke were merely words with little meaning, it could be argued that it is not the yuan that is to low but the $ is to high, at the end of the day if currencies are adjusted, Chinas goods will still be very cheap.

From what i can see the states thrust for globilisation is to extend the hegomy of the $ and their trade, the problem lies with the states and not with china, and the states are twisting and turning in order to put off the inevitable.
pete


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