re: #332 3 wood

Geithner throws rocks at China just when we need them to buy our debt

Geithner Warning on Yuan May Trigger Renewed U.S.-China Tension an. 23 (Bloomberg) — Timothy Geithner’s warning that President Barack Obama believes China is “manipulating” its currency may trigger renewed tensions between two of the world’s three biggest economies.

Whether or not china is juggling their currency value is beside the point. For the foreseeable future we need them to buy our debt and hold on to it.

Pissing on their shoes in public may play well to some on the left, but it’s very naive and poor diplomacy.

And here I thought the Messiah was going to get along with everybody.

Just another sledge hammer poised to smash the US, lead by the intellectual giants of the zero team.