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February 12, 2009

China to U.S.: "We Hate You Guys"

And you thought Treasury Secretary Tim Geithner was being unsubtle in accusing China of currency manipulation:

We hate you guys. Once you start issuing $1 trillion-$2 trillion [$1,000bn-$2,000bn] …we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.

          -- Lueo Ping, China Regulatory Commission (02/11/09)

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