主题：【讨论】房产新政措施依旧，但措辞更加严厉 -- wrabc

Obama has forced out all advisors who insisted on strong dollar policy. Obama believes in soft dollar--just like all American presidents before him, such as JFK, Johnson, Nixon, Bush Senior. As to future damage, no president cares. It is all about "political performance sheet".

Now political opportunism dominates the dollar decision. What politicians care is the votes from angry mobs against China--all politicians are peddling this simple idea: forcing Yuan up will bring prosperity and jobs back to you, red necks... Even though they all know many jobs actually will never return to America at all.

The reality is that after each major credit bubble burst, it is NORMAL FOR A COUNTRY to experience at least 5 to 10-year of slow growth, because everyone still had the terrible memory of credit expansion and implosion.

It will usually take time for people to regain guts to take on more credit and thus expand the economic activities again.