Steve Orlins

I agree with pretty much everything Paul Krugman writes in his column today about the Chinese and their currency shenanigans--especially the point that the Chinese have rigged it so that our bilateral trade deficit will spike once the recovery gets going. (And the point that the forces driving our trade deficit were only temporarily suppressed by the recession.) The only thing I'd quibble with is the implication of these two paragraphs: So picture this: month after month of headlines juxtaposing soaring U.S.

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Peking Over Our Shoulder

Our Chinese shareholders get nosy.

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