Thursday, June 12, 2008

China Earthquake and Trade Talks

It appears that when an earthquake hits in China that school buildings have a higher rate of collapse than other buildings. Their is angst.

Another interesting point with the America and China trade negotiations. Their is a sticking point in that America wants the Chinese to let their currency float to market conditions. But then America intervenes in the markets to support the dollar. What's the difference. Lost in translation.