The Slow Drip of Chinese Currency Torture
When it comes to the Chinese currency, the US is in a bind. The outcomes are problematic whether China allows the yuan to appreciate or not.
The whole situation has a certain resemblance to Chinese water torture… slowly dripping its harsh words and inaction onto Uncle Sam’s forehead. Let’s hope it doesn’t drive the restrained victim, the US, insane.
This cartoon came to our attention via The Mess That Greenspan Made in its post on the prospects for a change in China’s currency.
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