Tuesday, September 28, 2010

Roubini: Trade War Imminent Between China And U.S.

Following Brazil's comments of a currency war gong on, ubiquitous Noriel Roubini says that there risks of a trade war between the US and China have escalated. UNR now has a twitter account in which he seems to be quite active. We also know now that he uses a Blackberry.

China misplayed his currency hand, faking RMB flexibility but barely moving it & seriously antagonizing the US. Risk of trade war now high
about 12 hours ago via Twitter for BlackBerry®

ASEAN members - whose currencies have risen vs US $ - unhappy with Chinese currency stall but unwilling to challenge China in public

about 12 hours ago via Twitter for BlackBerry®

Risk of currency wars rising: US-China, China-Japan, Japan-Europe/US, etc. And currency wars eventually lead to trade wars

about 12 hours ago via Twitter for BlackBerry®

He was also, again, on CNBC:

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