01-03-2014, 08:16 PM
China stood up to Washington at the G20 meeting in Geneva and said the US economy is fake, the dollar is backed by nothing and the US has no manufacturing to support its economy:
Starts about 11:15 into the programme:
http://www.youtube.com/watch?v=VGDkFOyao...re&index=1
China, US argue economic reform at G20 meeting:
http://english.peopledaily.com.cn/98649/8546831.html
At the meeting of G20 Finance Ministers and Central Bank Governors which concluded on February 23, China and the US engaged in a vigorous debate on China's economic reforms. Before the meeting, American Treasury Secretary Jacob Lew had criticized China for its failure to show any signs of accelerating economic reform in line with U.S. expectations, and called for China to speed up reforms though facing the risk of social and political turmoil. Chinese Finance Minister Lou Jiwei responded in kind by pointing out that the US had not engaged in any structural reform either, but had revitalized its economy by printing money.
Starts about 11:15 into the programme:
http://www.youtube.com/watch?v=VGDkFOyao...re&index=1
China, US argue economic reform at G20 meeting:
http://english.peopledaily.com.cn/98649/8546831.html
At the meeting of G20 Finance Ministers and Central Bank Governors which concluded on February 23, China and the US engaged in a vigorous debate on China's economic reforms. Before the meeting, American Treasury Secretary Jacob Lew had criticized China for its failure to show any signs of accelerating economic reform in line with U.S. expectations, and called for China to speed up reforms though facing the risk of social and political turmoil. Chinese Finance Minister Lou Jiwei responded in kind by pointing out that the US had not engaged in any structural reform either, but had revitalized its economy by printing money.
"There are three sorts of conspiracy: by the people who complain, by the people who write, by the people who take action. There is nothing to fear from the first group, the two others are more dangerous; but the police have to be part of all three,"
Joseph Fouche
Joseph Fouche