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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (286164)10/23/2010 2:09:40 PM
From: LazarusRespond to of 306849
 
AMEN!



To: Broken_Clock who wrote (286164)10/23/2010 2:25:12 PM
From: Giordano BrunoRespond to of 306849
 
The Day the Earth Shook; China Dictates to G20

China has made clear it will not agree to a G20 communique that explicitly binds countries to limits on current account balances or any other form of rules on currency policy. "China has clearly said that it will not accept a communique that spells out any target on the current account or for that matter any kind of FX norm,"

It seems undeniable that countries like Brazil, China and India are now pursuing their own monetary policies extant of the Anglo-American axis. In the 20th century, countries that did this sort of thing were attacked by the CIA and their leaders were overthrown and the nations were brought back into line, often with brutal results. But the 21st century is not the 20th. The Anglo-American machinery of intimidation has given way to a softer game.

rightsidenews.com

Good article.