China Dumps US Debt, Fearing a Capitalist Armageddon|Richard Wolff

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18 Jul 2024

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#usa #dollar #china #chinausrelations #economy Why does the US run deficits in the trillions of US dollars every year? What does China's continuous reduction of US Treasury holdings signify? Professor Richard Wolff tells us that the center of global capitalism has shifted, which will affect the development of global affairs.

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