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'The dollar is like democracy'

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Uploaded by on Oct 13, 2009

The decline of the dollar isn't necessarily a bad thing
for Americans since it helps correct the country's trade deficit, but
it creates additional problems for countries like China, which peg
their currencies to the dollar.

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  • The dollar is like democracy... WHAT ???

    first democracy never exist... then dollar is the devil's blood... so

  • Dina is a good reporter, wish we had more of those.

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All Comments (66)

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  • who are these english speaking clowns on russian state media? traitors, get off the propaganda station.

    You try to report on the truth in russia, your house gets shot up.

    research it.

  • The dollar is here to stay...HA!

  • Because the Yuan does not appreciate when the dollar falls, the US over-imports from China and under-produces vis a vis China. In case you hadn't noticed, this contributes to significant levels of unemployment in (typically) manufacturing sectors. See: Michigan through Ohio to Pennsylvania. The academic problem with this is that this has nothing to do with who is more competitive or cost-effective. China must wake up and let its fiat currency float on the markets for sustainable global recovery.

  • LOL,yeah a british feller is an expert on u.s economy,where they get this dude from eh..

  • everyone. please stop your arrogance and shut the fuck up. say something constructive.

  • Cheers, brainwashed kid. Enjoy the mind control.

  • You will choke on your own hatred. Have a nice life.

  • "Our freedom of information is very secure here in America. Hell, we invented it!"

    Oh, damn *sad smile*, you are soooo.. blind and naive..

    "Is your life any worse off because of the USA?"

    Are you kidding? Ever heard about 1998 economic default because of Larry Summers? Ever heard about US-financed terrorists in Chechnya and Ingushetia? Ever heard about US puppets in georgia, Ukraine, Baltic States?

    You are NAIVE BRAINWASHED IDIOT, who know NOTHING about global politics. Go to school.

  • Why r u so angry? If Russia is doing so well then fine. I'm glad. I have nothing against Russia or Russians. What I don't like is ignorant people like you who hate America for no reason. How has America ever done you wrong? Is your life any worse off because of the USA? You are the one who is brainwashed. Our freedom of information is very secure here in America. Hell, we invented it! What little freedoms you do have you learned from us.

  • Just another american, who was kicked by shocking truth right in his face. Yes, all that you knew about World before is a LIE, created by US propaganda media, education, films, games..

    Uncomfortable reality, yeah?

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