http://www.moneynews.com/Headline/China-Fires-Shot-Over/2010/09/14/id/370164
The Chinese dumping US bonds will cause yields and interest rates to soar, which will unravel any hopes of a US economic recovery. Is Congress really thinking this through in accusing the Chinese of currency manipulation and threatening to impose import tariffs? My short answer is no.
Wednesday, September 15, 2010
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