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Senate Bill Threatens Currency War with China

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Uploaded by on Oct 18, 2011

Michael Hudson: Senate proposal based on junk economics and is illegal under international law

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Top Comments

  • America is its own wost enemy

  • "not expected to be signed by President Obama" Amazing how quickly a spineless sell-out can grow a backbone when the profits of the economic elite are threatened.

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  • Wow, the US is openly being discriminant and racist against the Chinese. Unbelievable! And people wonder why China dislikes the US.

    Also, is Obama seriously trying to lower wages and bring on a depression? That's insane! Somebody take out Obama and the crooks at Washington and stop this before it happens.

  • @arscill1 He is supported by the same corners of society that supported him during his campaign, the big banks and the Wall Street manipulators. He never intended any of the programs he promised and the one "change" he did make was to hand private insurers a huge government subsidy for their products. I hope you enjoy paying for it all.

  • BULLSHIT....the U.S. is almost totally non-protectionist, non-nationalist. China is very protectionist. All other countries, except the U.S. have some sort of protectionist policys in place.

    Screw the WTO. The U.S. needs to get out of the WTO, NAFTA, CAFTA, etc...

    The Corporate controled U.S. Government IS facist. It's Militant Corporatism,

  • @captcrais101 yeah you can stay with the current currency, i`ll buy gold and silver with my money, and watch it grow, meanwhile your currency will keep dropping in value.. good luck

  • This is all just a power struggle in the end. They (any powerful country) all want to manipulate whomever to their advantage.

  • If you allow Wall Street/private banksters to flee and they are left unaccounted for, they'll just repeat the process somewhere else.

  • @colourmegone  Bravo: Couldn't have said it better myself...

  • @Hillsillverr There is not enough gold to do so

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