PlanB
09-07-2006, 08:49 AM
Bush made a very clever pick with Henry Paulsen as Treasury Secretary.
Getting China to raise its yuan vis-a-vis the US dollar by giving it more say
in the IMF-- well its Goldman Sachs totally. A rising yuan would reduce our
trade deficit by many BILLIONS & keep our interest rates low. It's also pure
Paulsen to convince China that IT could lose big time unless if it doesn't adjust
its yuan.
Getting China to raise its yuan vis-a-vis the US dollar by giving it more say
in the IMF-- well its Goldman Sachs totally. A rising yuan would reduce our
trade deficit by many BILLIONS & keep our interest rates low. It's also pure
Paulsen to convince China that IT could lose big time unless if it doesn't adjust
its yuan.