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Currency Wars: The Making of the Next Global Crisis

Silas Longshot Wrote: Apr 29, 2012 10:14 PM

0bama and his gang of fools won't stop poking the economy bubble with a sharp stick until the thing blows up. Then we can all be happy with the new world order currency, which still won't be worth a pizz into the wind. Search surviving urban crisis.

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Currency Wars: The Making of the Next Global Crisis

The talk is all about jobs, jobs, jobs in Washington and on the campaign trail as the unemployment rate continues to be elevated and long-term unemployment is higher than ever. Since getting government out of the way isn't an option, late last year congressional leaders decided to turn up the volume while crying that American workers are being damaged by China's undervalued currency — the renminbi (or yuan).

Bipartisan support was summoned to declare China a currency manipulator, triggering retaliatory tariffs on Chinese imports in hopes that China would allow the renminbi to rise against the dollar.

Scott Paul, who heads...