William Greider: The End of Free-Trade Globalization
Greider in The Nation .. If your eyes glaze over when you come across concepts like “currency manipulation” then this is worth a read ..
Chinese officials understand, even if many Americans do not, that they are essentially doing what the trading system has allowed or at least tolerated from many others. Washington grumbled when Japan and then South Korea, Taiwan and Singapore pursued similar development strategies. Arrogant US policy-makers assumed that these rivals would eventually adopt the American model and become more like us. They never really have.
– mab .. read more
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