China Currency Manipulation Report Delayed Until After G20 Meeting In November

According to Reuters, a senate aide has confirmed that Tim Geithner  has pissed his pants and seeing the sudden surge in the dollar following rumors that a bunch of hapless politicians were about to blame America’s depression on China and call it a manipulator even as the US prepares to print $1.5 trillion in new paper, has delayed the currency report until after the G20 meeting in November. One wonders just what telephone conversations occurred between Geithner and Wen Jiabao in the past 20 minutes, and what the mutual assured destruction trump card  (or 850 billion) used this time was.

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