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The World should hold America accountable September 3, 2015

Posted by hslu in China, Cold War, Congress, Debt and deficit, Economics, Euro, Global Affair, Politics.
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Jack Lew talked about holding China accountable for renminbi during a CNBC interview with Steve Liesman. He should first talk to Japan’s Abe about Japanese yen because yen has depreciated more than 50% from its high just a few years ago.

What a hypocrite.

Source: CNBC

Source: CNBC

I say that the world should hold America government, Federal Reserve, U.S. Congress, U.S. Treasury Department, American rating agencies and Wall Street too-big-to-fail banks accountable for the mess they have created after the implosion of the sub-prime mortgage crisis.

The damages to the world were too numerous to mention: Great recession; Euro crisis; PIGSS bailout; QEs; mounting national debts and millions upon millions of people losing their jobs all over the world.

Did America pay for this financial crimes? No.

Did any American Congressman or Senator pay for this financial crime they helped created via Fannie and Freddie? No.

Did any of the big banks CEOs pay for this financial crimes? No.

Did any of the American agencies pay for this financial crime? No.

Did any person in American government pay for this financial crime? No.

Jack Lew, hold your government and your Wall Street buddies accountable for this financial crime first before talking about holding other country accountable.

The world order created by America will soon disappear under the feet of the United States. It is not if but when.

Here is what I have to say to Jack Lew: 財大氣粗。

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