The on going thoughts & musings (sometimes random, sometimes not) of Lumen Capital Management,LLC.
China to U.S.: "We Hate You Guys"Paul Kedrosky
"And you thought Treasury Secretary Tim Geithner was being unsubtle in accusing China of currency manipulation:"
"We hate you guys. Once you start issuing $1 trillion-$2 trillion [$1,000bn-$2,000bn] …we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do."
-- Lueo Ping, China Regulatory Commission (02/11/09)
posted by CR English at 6:05 AM
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