http://www.voanews.com/english/2006-05-11-voa51.cfm
Really who give a flying f K what the US treasury thinks, china has intentionally under valued thier currency for years, speculation of a 30% under valuation has allowed really cheap chinese **** to come into the global market, thank china for this, wait till they start valuing thier currency at reserve levels and then the US will start to cry about how things from china will cost more, labour in china will not increase, people will not get paid more simply because china does not have the commercial and industrial infrastructure to support a working population of hundreds of millions. (NO country does not even the US).
The chinese economy is nothing short of amazing, controlling all those resources and also with the partnership with Russia and the siberian oil pipe this even more leave the US out of the "loop", I think this is a very big indication that the U.S. weight throwing around is coming to an end.
**** cheney really shoukd have kept his trap shut with regards to the russian president "putin" because hes bee looking for an excuse to increase the Russian miliatary but no one in the russian parliment could support him, now he has the support he needs, you wait 10 years and russia will be another super power, remeber people russia has enourmous reserves, people are poor yes, but the country itself is rich!
Really who give a flying f K what the US treasury thinks, china has intentionally under valued thier currency for years, speculation of a 30% under valuation has allowed really cheap chinese **** to come into the global market, thank china for this, wait till they start valuing thier currency at reserve levels and then the US will start to cry about how things from china will cost more, labour in china will not increase, people will not get paid more simply because china does not have the commercial and industrial infrastructure to support a working population of hundreds of millions. (NO country does not even the US).
The chinese economy is nothing short of amazing, controlling all those resources and also with the partnership with Russia and the siberian oil pipe this even more leave the US out of the "loop", I think this is a very big indication that the U.S. weight throwing around is coming to an end.
**** cheney really shoukd have kept his trap shut with regards to the russian president "putin" because hes bee looking for an excuse to increase the Russian miliatary but no one in the russian parliment could support him, now he has the support he needs, you wait 10 years and russia will be another super power, remeber people russia has enourmous reserves, people are poor yes, but the country itself is rich!