Thursday, March 18, 2010

MEME Tracker

We have been tracking this Trade War MEME

YOU CAN'T let the currency float!!!!!! that would skrew our exports!!!

Yuan rise would be disastrous: China export body

"If the yuan rises, these companies will face the immediate risk of going bust as their profit margin is already very narrow," Zhang told a news conference. "So for these companies, the consequences would be disastrous."


I don't know anything about economics... but that is the point.... Your currency is undervalued, and it gives you an advantage... and yet... it still leaks out in other ways...


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