The Cellar - View Single Post

ZenGum · 07-27-2011, 01:29 AM

China? #$%@ 'em.

Their practice of pegging the RMB to an artificially low rate against the US$ is the cause of about 1/4 of the US's problems. The fact that a US devaluation would screw China and OPEC is about the strongest argument in favour of it that I can think of.

China complaining about other countries messing about with currency games? Hypocrisy! That's rich. No, wait, its China that's rich.

07-27-2011, 01:29 AM	#565
ZenGum Doctor Wtf Join Date: Oct 2007 Location: Badelaide, Baustralia Posts: 12,861	China? #$%@ 'em. Their practice of pegging the RMB to an artificially low rate against the US$ is the cause of about 1/4 of the US's problems. The fact that a US devaluation would screw China and OPEC is about the strongest argument in favour of it that I can think of. China complaining about other countries messing about with currency games? Hypocrisy! That's rich. No, wait, its China that's rich. __________________ Shut up and hug. MoreThanPretty, Nov 5, 2008. Just because I'm nominally polite, does not make me a pussy. Sundae Girl.