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The flaws of the EU's asymmetric approach to imbalances | 132 comments (132 topical, editorial, 0 hidden)
Re: Well done (4.00 / 2)
So what are the Chinese trying to do?

Prevent a re-run of The Asian Debt Crisis® and keep US policy on some kind of leash through the potential threat to dump dollar reserves. The latter is probably better used as a threat than as an action.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Jul 20th, 2011 at 09:05:54 AM EST
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The flaws of the EU's asymmetric approach to imbalances | 132 comments (132 topical, 0 editorial, 0 hidden)
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