At the G-20 summit, President Obama will urge Hu Jintao's China and other members to take steps in evening out trade imbalances. It has been an amazing ride for the G-club's junior circuit since last November's emergency meet in Washington. Full Article at Esquire
We can't go back to the era where the Chinese or Germans are selling everything to us, we're taking out a bunch of credit-card debt or home equity loans, but we're not selling anything to them.
We don't have a choice these are the steps we must take to avoid all-out trade wars.