In response to:

China "Fully Prepared for Currency War" Says China's Central Bank Deputy Governor

Wumingren Wrote: Mar 03, 2013 3:39 PM
Can it be that one reason why Obama has limited our ability to access and use our own natural resources, especially coal and oil, is because he has put them up as collateral to back further loans from China? Perhaps that inevitable war with China will have something to do with our eviction.

Given the world's central bankers are already in a currency war, a policy statement made by a deputy-governor of China's central bank should not come as a surprise (except for the fact it was publicly and bluntly stated).

Please consider China well-prepared for currency war: official.

China is fully prepared for a looming currency war should it, though "avoidable," really happen, said China's central bank deputy governor Yi Gang late Friday.

A currency war could be avoided, Yi said, if policymakers in major countries observed the consensus, reached at the recent G20...