China Leads the World Economic Recovery Effort.

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The International Institute of Nonviolence

News&Opinion

By: Rev. Jermano

China will slow its buying of Treasury Bonds....and begin working to base world markets on a basket of currencies..This is a sound approach...and a much more fair arrangement than the current situation.

Tim Geithner has no idea...because his ideas create too much debt...for the snorkel to work. Big mistake in Bailing out the Banks, and now GM..bailout....

China is being threatened that if they dump the dollar they will lose much.

http://www.wsws.org/articles/2009/jun2009/geit-j02.shtml....

But I don't believe this will happen if China reduces its purchases. In fact doing so will strengthen the Chinese Yuan...and the rest of the World will credit China for making the world more of a balanced Market Economy instead of being forced to prop up the devalued dollar. In fact if China does not....many will consider China as the cause to the problem in making us suffer with the failed greedy managers in the US. There needs to be a clean break...and a new direction for world investment and stabilization. We do not need the failed US system, that is only backed up with lie, upon lie upon lie...How long do we have to learn this lesson.... What the Great Depression was not enough to learn from?....and then the greedy CEO managers in the US suspended all of the measures that brought America to its sound financial condition after the Depression... Why did they do that?  Surely they are anti-American...while blaming facts and reasonable people...for their greed.

China should stop being duped into the worthless rhetoric from the present Administration..who is nothing but much of the same as the last.

China has the market for expansionism in its Domestic Market. In fact China with its sound banking and wide open Domestic Market...makes China a favored place of investment. Trust the US with its failed banks, and astronomical debt? I would recommend investment in China....that is if you want to hold on to your money....and know your money is secure.

China will pursue this..with the anticipation that the US in order to get its house in order needs to reduce its Military Spending, and end the occupations of the countries they are currently strong arming and torturing.

Rev. Jermano...