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Let's Drop The Dollar! Economic Meltdown 2014 Fed Lies, Debt Ceiling, Gold Market - Videos

Monday, October 14, 2013 7:45

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InvestmentWatch

CHINA: LET’S DROP THE DOLLAR

World should ‘de-Americanise’, says China following default fears

US default fears prompts China’s state-run media call for the world to “de-Americanise” as Christine Lagarde warns of “massive disruption the world over”

The looming prospect of a US default on debt prompted China to call for the world to “de-Americanise”, amid warnings of a new global recession.

In China, Xinhua, the official government news agency, said that as American politicians continued to flounder over a deal to break the impasse, “it is perhaps a good time for the befuddled world to start considering building a de-Americanised world”.

The jibe came as Christine Lagarde, the International Monetary Fund chief, raised the spectre of a repeat of the 2008 financial crash as hopes dwindled for a resolution of the crisis over the debt ceiling and partial government shutdown.

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Financial Crisis – Economic Meltdown 2014 – Fed Lies, Debt Ceiling, Gold Market

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