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Well, this certainly can’t be good…

August 7, 2011

So, our number one cyber ADVERSARY is making waves, this time regarding our latest economic woes.

From the article, “China’s heavy reliance on U.S. debt and the dollar is largely self-induced because of its decision to shun market forces and control the value of its currency to keep Chinese exports competitively cheap.”

Think China won’t be more confrontational, even as the biggest creditor of our nation’s debt? Wait until they start holding things like banking and the power grid hostage.

Read more about it here: http://www.orlandosentinel.com/news/nationworld/la-fiw-china-response-20110807,0,1423523.story

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