The Chinese Communist Party has just launched an economic campaign against the United States based on some "funny" logic. In particular, the Chinese Communist Party is warning that if the U.S. keeps putting pressure on the Chinese Communist Party to appreciate the Chinese Yuan against the U.S. dollar, it will enact a mass sale-off of U.S. Treasury bonds that it has accumulated due to exchange rate manipulation for many years. What is so funny about this so-called campaign?
Wednesday, August 8, 2007
Posted by No Olympics at 7:53 PM