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China Calls for a New Global Currency

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Uploaded by on Mar 25, 2009

The Chinese government and banking authorities are not taking the worldwide economic downturn lightly.  They have already used this opportunity to gobble up assets around the world and now they hope to increase their stake in the international arena.  As it currently stands China is one of the worlds most rapidly ascending economies and the third largest overall.

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  • @Juanod09 mmm... no u r the only ones being shake and its not only china it all the bric ocde and unasur countries the ones who had and will soon be awaken

  • i think its a good idea. nations should only have what they work for, there is no reason for americans to allow their dollar value to remian high other than greed and fear. a standardized unit of currency will even out and balance wealth in favor of the hardest workers... so in that sense i guess america should be afraid. china's people do not have the standard of living that americans do, but they find a way to employ their people and keep them fed. maybe they have the right idea?

  • wow, the dragon of China is now awake from a long sleep, and shaking the world.

  • Of course they would.

    Here comes the MARK people.

  • The solution to the Economic Crisis in the US with the FED Dollars is....

    COMMITTEES OF SAFETY (dot) ORG

  • China has 2 Trillion + invested in dollor. not 1 trillion. but other than that, good job.

  • if you enjoy the videos by EconomyInCrisis please send links to all of your friends and spread the world... we need you to spread our message and help this economy get back on its feet

  • Arrest the bankers and the complicit members of the Congress. Go back to the gold standard. Oh and China has been manipulating their currency for years. So who gives a damn what he thinks is fair.

  • I agree ditch the U.S. dollar the Canadian dollar is way more stable the U.S. dollar is worth nothing I am gonna burn my U.S. currency.

  • Um okay, just wait a decade and the world will be beging for the Dollar agian. Despite what people think,

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