Recession, Free trade and currency manipulation

So everything is going on around the global recession. The blame game started. The West is pointing fingers on Asia for the economic recession. If the mentality gets its steam then analysts suggest that we could possibly see a protectionist approach from the west.

A future protectionist approach is clearly evident with the way economists see the policy reforms of Mr. Obama. Mr. Geithner, the US secretary of treasury is already blaming China's foreign exchange policies.

When the growth of China has slowed down (from 11 to 6 percent), it is clearly a blame game from the west. It is truly an adaptation of the facts to implement the protectionist approach. Mr. Obama is not promising at all in the economic reforms.

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