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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: RealMuLan who wrote (56806)9/22/2006 6:02:55 AM
From: Square_Dealings  Read Replies (1) of 116555
 
<U.S. manufacturers say China's currency is undervalued by 15 percent to 40 percent against the U.S. dollar, giving Chinese competitors an unfair advantage.>

We just spent the last decade moving manufacturing to China for that very reason, because the costs were low!&*$@ Now we want them to raise prices so we can be more competitive, lol on what?

Either this policy is simply the work of retards or, more sinisterly, its part of a plan to enslave US citizens to the government.

sd
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