More on the Chinese Revaluation | Files: PoliTicks | Tags: , , , ,

To start this off: I queried a passenger today — a Chinese fund manager — about when the Yuan is going to appreciate and by how much. His answer was uniquivocal: 5% in June. This is markedly different than what I’m reading in the US sources about more than 2% […]

90% of America’s Imports | Files: PoliTicks | Tags: , , ,

President George Bush is reputed to have said “90% of Americas imports are now coming from overseas.” This unfortunate statement is deceptively meaningful, but false. If accurate it suggests one of three (equally plausible) things about the President: (1) He doesn’t have a firm enough grasp of economics to know […]