US urge to lead the defend of free trade & greenback

An Economist Open Letter to US President Obama urging him to stand down nationalistic language to avert trade & currency war but to lead The trade plus countries to defend the greenback & free trade.

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An economist's job is to provide objective observation and unprepossessed analytic conclusion of highest integrity for that great sacrifice.

While the whole world's edging toward a currency war triggered by the nationalist survival instinct in a economic-crisis-stricken world, isolation of China will destruct a lot and achieve little. and now it's time for the US to rise up above all to lead the international coordination to defend the free trade and the dollar's status as the global currency upon which decades of world's prosperity is built.

That's the aspiration the US gives the world as the beacon of free market, free trade and great capitalism in previous crises. That's the foundation for the US's status as the superpower and world leader.

An US-led trade-plus countries' coordinative currency appreciation will leave China with no choice but to cooperate and help address grievous global imbalance.Or they will suffer serious isolaton.

http://www.businessinsider.com/the-china-trade-war-and-the-end-of-the-dollar-and-globalization-2011-6?utm_source=Triggermail&utm_medium=email&utm_term=Business%20Insider%20Select&utm_campaign=BI_Select_061711