We're number two

Who do you think really belongs in the G8?

China new No. 1 exporter to U.S.

Asian giant passes Canada with flood of goods from TVs to textiles

That should certainly get the attention of the US Director of National Intelligence:

Every year, the Senate Select Committee on Intelligence is briefed by the chief of U.S. intelligence on potential threats to the nation. The list is sobering, but usually predictable and typically includes global terrorism, nuclear proliferation and regional conflicts.

But this year, there was a surprising potential foe: the falling dollar. In his report to Congress last week, Director of National Intelligence Michael McConnell went beyond the conventional world of spycraft. Mr. McConnell specifically acknowledged "concerns about the financial capabilities of Russia, China, and OPEC countries and the potential use of their market access to exert financial leverage to achieve political ends."..

Mark C.

Posted by markc at February 17, 2008 11:27 AM