China Devalues US Buying Power By 30 Percent, Protects US Treasury Holdings

The trade imbalance between the US and China, a hot button between the nations for the last decade or so, is finally going to start to stabilize in the summer of 2011.  However, it is doing so with a de facto devaluation of the US dollar and its buying power.  The average American will see [...] continue reading the breaking news