April 2008
Intermediate to advanced
240 pages
4h 41m
English
book
The Coming China Wars: Where They Will Be Fought and How They Can Be Won, Revised and Expanded Edition
by Peter Navarro
Content preview from The Coming China Wars: Where They Will Be Fought and How They Can Be Won, Revised and Expanded Edition
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China’s “Nuclear” Option of Currency Manipulation
For the U.S. economy, it just might be the economic equivalent of a nuclear holocaust. China decides to dump the over $1 trillion in U.S. foreign reserves it holds—some 44 percent of the total U.S. national debt. The already-stumbling U.S. housing market is beaten into collapse. And the euro overtakes the dollar as the world’s reserve currency of choice as America sinks into a deep recession.
It’s not always easy to read the tea leaves in Beijing. But serious analysts say that in recent days, China has quietly threatened that this “nuclear option” is very much on the table should the U.S. government attempt to force a revaluation of the yuan via trade sanctions.
—Foreign Policy
China’s next ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.