The great enabler complains about U.S. dominance of world financial system

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Published : October 14th, 2013
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FOLLOW : China

The government-controlled press of mainland China is full of commentary criticizing the United States and advocating diminishing U.S. power over the world financial system.

Valid as the criticism may be in part, it is beyond ironic coming from the big enabler of U.S. irresponsibility, the biggest holder of U.S. government bonds.

As for the mainland Chinese press complaints about U.S. bullying of other nations, they may not be terribly persuavie d in Tibet or around the South China Sea, where bullying would be a polite description of mainland China's policy.

But the mainland Chinese commentaries are worth noting for their outlining a policy of China's gradual disengagement from the U.S.-centric financial system, so two are appended.

Data and Statistics for these countries : China | All
Gold and Silver Prices for these countries : China | All
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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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