Friday, August 10, 2007

The Paper Dragon and the Yuan...

A 67% trade surplus with the US. Over 5% inflation. Chinese are angry about the Blackstone deal, and are somewhat "disappointed" with the Shanghai elites gambling the People's money away...and now appear to be involved with Bear Stearns. Interesting.

In this age of information, it is not good when a communist country displays this kind of arrogance and disregard for its very large proletariat...

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