BP Trial Delayed While the Gulf Still Suffers

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  1. Tran says:

    that alterations in the curcnery will impact on Chinese workers, see closure of factories, create social unrest in China and make Chinese products more expensive. But frankly, I see that as his political problem and not actually a financial one. It’s hard for global readers and the average US businessman to take when Forbes just announces 49 new Chinese billionairies have been created, then Wen says raising the value of the RMB will put Chinese workers out of a job. You can’t have your cake and eat it. And that imbalance is Wen’s problem. Consequently, the curcnery issue is starting to look more like a Chinese political matter more than a financial one, and the welfare of China’s workers are quite frankly the concern of the Chinese government to look after and not that of Capitol Hill. What will happen? It’s still the US running the global economy, and it’ll be interesting to see what will happen if China for a change has to start to deal with unemployment issues. I think everyone else has had enough of China creating billionaires then moaning about the welfare of its workers. The chickens are coming home to roost for China, and you’re also right – none of these issues are problems that India is having to face. Thanks Chris


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