So Long and Thanks for all the yuan
Now, I realize that China is communist and they are not an ally, but...Disneyland Hong Kong is opening its doors on September 12. The majority of goods purchased in the US are manufactured in Taiwan or China, so the US has a huge trade deficit in China's favor. That means they have tons of US dollars (over $600 Billion per year) floating around in their banks. They have so much US cash floating around, they've pegged the yuan to the dollar. This means that the yuan can be artificially undervalued against the dollar making chinese goods cheap in the US while US goods are expensive in China.
Given all this, I was surprised to read that a senior Chinese General threatened us with a nuclear attack...Scary isn't it?
I'm heading to Canada, but not because I'm afraid of nuclear attack...I'm competing in the World Transplant Games. Wish me luck.
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