This post Markets Crash – Is China To Blame? appeared first on Daily Reckoning.
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:
Regards,
Daniel McAdams
for The Daily Reckoning
P.S. This article was originally posted at the Ron Paul Institute for Peace and Prosperity’s website, right here.
Editor’s Note: Be sure to sign up for The Daily Reckoning — a free and entertaining look at the world of finance and politics. The articles you find here on our website are only a snippet of what you receive in The Daily Reckoning email edition. Click here now to sign up for FREE to see what you’re missing.
The post Markets Crash – Is China To Blame? appeared first on Daily Reckoning.