China to the Rescue! Wen Offers to Buy Greek Bonds

Subtitle: “Ticker Tape Parade for Trojan Horse” Ordinarily China’s policy of driving exports to a nation with purchases of their currency is met with resistance. The US, for example, has been chastising nations buying $US, like Japan and China, calling them currency manipulators, outlaws, etc. But China is getting very clever about it, here coming into [...]