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Inside China and Russia's Battle Against the US Dollar

The Breakdown

00:00

The Importance of Globalization

George herbert walker bush wanted america to ask what it wanted to be in the world now that the soviet union was no longer the force that it had been. Bill clinton, on the other hand, said, let's focus at home. Because of a lack of that conversation, what we got was globalization by default. The hollowing out of the American middle class in exchange for cheaper stuff is the mimified version of one of those consequences.

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