It’s prompting the Chinese and various Arab countries, primarily through sovereign wealth funds from Arab countries and a mix of government and private money in China, to buy more American businesses.
I’m surprised that this hasn’t gotten political campaign play; I think this would fit up Edwards’ alley, above all.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
January 28, 2008
Will falling dollar prompt more protectionism?
Labels:
falling dollar,
protectionism
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