Posts tagged as:

protectionism

Reasons Why A Higher Yuan Is Bad for the USD

October 6, 2010 · 5 comments

in Asia, BRIC, China, G20, collapse, currencies, emerging markets, exchange rates, forex, international economy

When you tally up all the pros and cons, on balance it is quite surprising that the US is officially championing the appreciation of the yuan against the USD.  Even when you think about the supposedly increased attractiveness of all those US exports that would ensue, it still doesn’t make a lot of sense on [...]

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Out of A Job Yet? Just Buy American!

February 3, 2009

in Obama, US economy, protectionism, stimulus plan

The so-called “Buy American” clauses in U.S. President Barack Obama’s 2009 stimulus bill package may initially sound like a good idea given all the recent layoffs and newly unemployed workers, but it recalls that ugly bumper sticker that I love to hate and tend to snicker at those driving the cars on which it is [...]

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