Yes we can (piss off China)!

Slap! The messiah new president of the United States of America, Barack Obama, has decided to immediately show his balls by bashing China while in office for only two days. While all party officials were surprised/disappointed not to have the Middle Kingdom mentioned in his inauguration speech, Obama only postponed the bitchslap by having his treasury secretary-designate, Timothy Geithner, declare that China is a currency manipulator (for those who failed their econ exam in secondary school, a Chinese yuan kept artificially low makes Chinese products cheaper to the rest of the world).

The statement is believed to provide fuel for a potential trade war between the two superpowers, as the always *cough* cautious ex President Bush avoided using the term ‘manipulator’ to not endanger the relationship with a country that holds the modest sum US$ 652.90 billion in US Treasury bonds. Luckily the two countries aren’t having any military disputes yet..

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24 Jan, 2009 | Milfo | China, Politics

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