Strong RMB, Yen Not Good for the World [View article]
Are you serious? So should we continue forever the trade imbalance these two countries have. I say they need to have sustainable growth with imports balanced with exports. It is an unstable situation having continually running large trade deficits with the rest of the world.
Something has to give and if that means exports going to 0 and imports going to 0 for sustainability then it will have been these two countries fault for continually export without ever importing stuff back.
Strong RMB, Yen Not Good for the World [View article]
Something has to give and if that means exports going to 0 and imports going to 0 for sustainability then it will have been these two countries fault for continually export without ever importing stuff back.