The Market Ticker - Why China Trade CANNOT Be Balanced
We need to cut the crap on China folks.
It is not possible, as the Chinese monetary system currently exists and is controlled by the PLA, to fix the trade problems with China.
IT CANNOT BE DONE.
Leaving aside the problems with the so-called “Chinese Miracle” — an abject fraud predicated on intellectual property theft and forced technology transfer — is the fact that China is unique among nations with their own currency systems and central banks.
All open markets and nations with their own currencies maintain one currency. That is, a Euro is a Euro, a Canadian…….
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Source: https://www.market-ticker.org/akcs-www?post=236907
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