China, the US' largest creditor, is livid about US arms sales to Taiwan. Expect more trade sanctions. One of the few lessons learned from the Great Depression was the erection of trade barriers among countries caused commerce and economic output to plummet. Apparently, that lesson is lost among government leaders worldwide.
http://www.presstv.ir/detail.aspx?id=117442§ionid=351020404
Sunday, January 31, 2010
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