{"id":473165,"date":"2010-03-25T17:37:00","date_gmt":"2010-03-25T21:37:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/can-we-cut-it-out-with-the-china-doesnt-want-to-be-bullied-tripe-2010-3"},"modified":"2010-03-25T17:37:00","modified_gmt":"2010-03-25T21:37:00","slug":"niall-ferguson-repeats-the-line-about-china-not-revaluing-its-currency-because-its-leaders-have-big-egos","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/473165","title":{"rendered":"Niall Ferguson Repeats The Line About China Not Revaluing Its Currency Because Its Leaders Have Big Egos"},"content":{"rendered":"<p>Here&#8217;s a video of Niall Ferguson on Bloomberg today talking China, the yuan, and all the same trade stuff that everyone&#8217;s been chewing on for awhile now.<\/p>\n<p>At one point he&#8217;s asked why China doesn&#8217;t revalue it, and he gives the stock answer about China not wanting to be bullied, but how they should.<\/p>\n<p>This whole thing about China, and its ego, and its desire not to be bullied or humiliated is an old story and it gets repeated about a whole host of topics.<\/p>\n<p>But, how about razor-thin margins of Chinese factories and the fact that China has slipped into a trade surplus? There are real reasons China might not be eager to jack up the yuan. Let&#8217;s cool it with the humiliation\/ego trope.<\/p>\n<p>\n<object width=\"480\" height=\"385\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/MHDMNMQ5Kfk&amp;hl=en_US&amp;fs=1&amp;\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><embed type=\"application\/x-shockwave-flash\" width=\"480\" height=\"385\" src=\"http:\/\/www.youtube.com\/v\/MHDMNMQ5Kfk&amp;hl=en_US&amp;fs=1&amp;\" allowscriptaccess=\"always\" allowfullscreen=\"true\"><\/embed><\/object>\n<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/can-we-cut-it-out-with-the-china-doesnt-want-to-be-bullied-tripe-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/On-R3dBv0cg\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s a video of Niall Ferguson on Bloomberg today talking China, the yuan, and all the same trade stuff that everyone&#8217;s been chewing on for awhile now. At one point he&#8217;s asked why China doesn&#8217;t revalue it, and he gives the stock answer about China not wanting to be bullied, but how they should. This [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-473165","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/473165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=473165"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/473165\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=473165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=473165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=473165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}