Category Archives: Chinese economic policy

New reserve currency

This is big trouble for the USA WASHINGTON (AP) — Regulators on Friday shut down a Nevada bank, raising to 83 the number of U.S. bank failures this year. The 83 closures so far this year is more than double … Continue reading

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Pirates Of The ‘Carry-On-Regardless’

With the cries of change the government getting louder, I caution and ask the question will we be any better off?

Make no mistake I want to have a change of government and I want to jail All
the corrupt Basta***

Responsible for the mess we are now in.

What exactly will the new government do about the political gangsters responsible for the mess we are now in?
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Chinese economic policy

By Paul Krugman first published 14.03.2010 Tensions are rising over Chinese economic policy, and rightly so: China’s policy of keeping its currency, the renminbi, undervalued has become a significant drag on global economic recovery. Something must be done. To give … Continue reading

Posted in 1, Chinese economic policy, IMF, Renminbi, U.S. Treasury | Tagged , , , ,