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Yesterday’s market crash shocked many in the financial world. Today comes the blame game, with several Republican hopefuls calling out China as being behind US economic woes. One candidate suggested that President Obama cancel the upcoming state visit of the Chinese president, while another spoke openly of the need for a trade war with China. The big danger with all this saber rattling toward China is that a trade war or a war of words can easily spill over into an actual war. Today’s Ron Paul Liberty Report looks at the populist protectionism that threatens to further sour US/Chinese relations:
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The above appeared at the Ron Paul Institute for Peace and Prosperity website and is reprinted with permission. To visit the website, click here. Ron Paul Institute for Peace and Prosperity is a project of Dr. Paul’s Foundation for Rational Economics and Education (F.R.E.E.), founded in the 1970s as an educational organization. The Institute continues and expands Dr. Paul’s lifetime of public advocacy for a peaceful foreign policy and the protection of civil liberties at home. The Institute mobilizes colleagues and collaborators of Dr. Paul’s to participate in a broad coalition to educate and advocate for fundamental changes in our foreign and domestic policy. To support the institute’s important work, click here.
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