David Craig, on October 22nd, 2011China’s leaders have a very simple strategy for pursuing their country’s interests – keep their currency artificially low and then use low pricing to wipe out most Western industry. This will make Europe and the US dependent on Chinese imports. Once that has been achieved, it doesn’t matter if the Chinese currency rises, because we’ll no longer make anything of value and will have to buy from China whatever the cost. This is the strategy of any monopolist.
So what about our leaders? Liar Cameron tries to stifle debate on the EU and wastes time on useless laws about the royal succession. Meanwhile Europe’s political pygmies bicker and argue about rescuing the bankrupt PIIGS. What a shambles! What an utter and total shambles!
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