Eklektikos: A Contemporary Christian Blog

Eklektikos is dedicated to providing informative, uplifting and inspirational news, articles and commentary to our readers, in our ongoing effort to share the love of Christ with others in this fallen world. To God be the glory! This is the blog version of our main webzine 'Eklektikos: A Contemporary Christian Digest.' Like our main webzine, this blog is updated weekly, unless circumstances require otherwise.

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I am the executive editor of the webzine "Eklektikos: A Contemporary Christian Digest", a tireless researcher seeking a deeper and clearer knowledge regarding the past, present and future plight of Christians in our fallen world.

Sunday, July 31, 2005

What Do You Mean 'Higher Prices At WalMart'?

In a move that could eventually affect everything from the price of T-shirts in Wal-Mart to the mortgage rates Americans pay, China is moving in the direction of a more flexible currency.

China Makes Major Shift On Currency

Although the immediate effect of the revaluation will be small, the longer term impact could be more far reaching.


Blogger Jot said...

This was just a matter of time. The Chinese government controls more of the American economy than our government will ever let us know publicly. But when those t-shirts at Wally World start costing $50 a pop, the huddled masses will start figuring out that something's gone terribly wrong in Wonderland.

Peace, love and learning to speak Chinese...


"Do not remove a fly from your friend's forehead with a hatchet."
- Chinese proverb

Sunday, July 31, 2005 5:48:00 PM  

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