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China Dumps US Debt Fearing a Capitalist Armageddon|Richard Wolff

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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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