fix articles 443986, censuring china Los Angeles Indymedia : tag : censuring china

censuring china

Dollar-Yuan Currency War (tags)

The value of the Yuan is not the cause for the US trade and balance of payments deficits. The reasons are the high state indebtedness (armaments/ wars and tax gifts to the rich) and the indebtedness of private households. The US has a trade deficit with 90 countries.

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