Tuesday, December 07, 2010

The US$/RMB: China's 16 year trade war and what we should do about it

Ten Years Ago Paul Tudor Jones Had An Acute Case Of Plantar Fasciitis « Dealbreaker: A Wall Street Tabloid – Business News Headlines and Financial Gossip

This article fundamentally changed my view of US-Sino relations. We need to deal with China' currency, unilaterally if need be.

A 30% tax on Chinese imports is not the start of a trade war, but instead of awakening to the pernicious effects of China's currency manipulation on our manufacturing base, employment, and future.

Hear, here, Mr. Jones!

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