
China builds global alternative as US-led financial order decays
Geopolitical Economy Report
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The Problem With the Dollar Debt
Lula asked how proposed that China, Argentina and Brazil should have a common currency when you have an immense dollar debt. what's blocking the rest of the world from moving away from neoliberalism Lula: The only way that other countries can pursue an alternative to the trap that they're in is to repudiate the dollar debt. There cannot be any escape from the dollar diplomacy and the world institutions that we control," he said.
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