China's advice on gold and military
Posted: Sat Nov 27, 2010 4:53 am
http://www.bloomberg.com/news/2010-11-25/pboc-researcher-calls-on-u-s-to-sell-gold-reserves-people-s-daily-says.html
Financial advice? Sounds more like a geopolitical/military wishlist.
The U.S. has to resolve its “twin deficits” in the government budget and the current account, Xia was quoted as saying. Three ways that may help the U.S. achieve that target include reducing military expenses, selling part of its gold reserves and relaxing some export limits on technology, he said.
Financial advice? Sounds more like a geopolitical/military wishlist.