China is fighting hot money inflow. Vietnam is exhausting their
means to stop capital flight. All of Asia, and the world, are
facing the same problem, inflation, while oil price keeps
rising.
This is all because of huge excess of dollars that have been
printed out and traveled around the world at high speed. It finally
made its way to the commodity markets, pushing up oil and commodity
prices.
In the meantime, the US is bashing Asia for its own problem.
They selfishly pressure China to appreciate Yuan and the Arabs to
increase oil production. But at home, they still keep
increasing money supply by lowering interest rates, hoping to shore
up their ailing banks and escape from losing the ownership to
foreign hands at the same time. But it comes with the cost of
falling dollars, rising oil price and inflation. It comes back to
hurt the Americans, thus not helping the banks cope with rising
distressed assets either. The US is doing the opposite of what they
kept preaching others. That is free trade.
The US is a debtor. The common rule dictates that debtor must
pay back the debt. That is for the US to stop procrastination and
allow China, Singapore, the Arabs to buy up US financial
institutions, thus letting the excess liquidity to flow back to
where it came from.