New: China dumps US debt, fears dollar plunge (Full show)

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New: China dumps US debt, fears dollar plunge (Full show)
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After much speculation and worry, the US Federal Reserve has opted not to lower interest rates below zero. Rick Sanchez breaks the news as it unfolds. However despite the Fed's decision, fears over the falling value of US currency have led China to nevertheless decide to actively sell its share of US debt, of which it owns more than trillion dollars, in an attempt to unseat the preeminence of the US dollar in global commerce. Then "Boom Bust" co-host Ben Swann explains the details before joining UK MP George Galloway on a panel to discuss the implications. Two brothers reenacted the death of George Floyd at an "All Lives Matter" protest and were fired after video of the stunt went viral. RT America's Trinity Chavez has the details. RT America's Steve Christakos reports on breaking news in the world of sports. Plus, freelance reporter Ashlee Banks reports on ongoing demonstrations outside the White House and political developments in the wake of the death of George Floyd and the worldwide protest movement it sparked.



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1,176 Comments
Auggie Giuseppe
Add a public comment...
nancy kurtz
nancy kurtz
1 week ago
China better sell it fast at the rate money is being printed

220


Spidey
Spidey
1 week ago (edited)
It's not hard to react like this since the US keeps printing money like the ones in monopoly games. China is thinking why I should lend you money when I am under attack from you?

287


Klas6ix
Klas6ix
1 week ago
Soon enough, America is going to sanction themselves. 🤣😂

130


Phil 488 Pista
Phil 488 Pista
1 week ago
As expected! It shouldn't surprise anyone!

195


Noneshere
Noneshere
1 week ago
Lol, all those years wasted in the middle east while China kept making the real global money

58


Crazymadman
Crazymadman
1 week ago
George Galloway's prediction on what China will do once again comes true. Respect

105


fiifi McClurkin
fiifi McClurkin
1 week ago
One of the qualities of money is its value. Once it's devalued it becomes a tasteless salt. Besides the US has been weaponizing the dollar all in the name of unlawful sanctions.... China's decision is just a tip of the iceberg. Independent countries with backbone will follow suit....

65


Helen Kim
Helen Kim
1 week ago
The US Empire is collapsing...Cut military SPENDING and close all US Foreign bases. Start taking care of the People.

97


peter van
peter van
1 week ago
Well, this certainly will help along the demise of the US$.
Can't say I blame China, considering how the US has been treating them.

118


John Smith
John Smith
1 week ago
Can't blame the Chinese, the US is rapidly becoming one of the most unstable countries on Earth. Debt default and rapid collapse of US currency are now a distinct possibility..

97


Enamel Larry
Enamel Larry
1 week ago
Why should China keep useless paper ??? All the United States is doing is printing paper money back by nothing. Print print!!!

81


reality check
reality check
1 week ago
America is a failing empire. America failed in Vietnam, Iraq, Syria, Afghanistan, Libya, Cuba, Iran, and Somalia. America failed with the coup in Turkey and Venezuela (twice). Most of all, America failed in America.

225


Wu Jian Lung
Wu Jian Lung
1 week ago (edited)
The fiat U$ is basically worthless especially when US refuses to trade freely with you. China has been too nice to USA for too long.

106


E.C. Alexander
E.C. Alexander
1 week ago
The US never has plans to honor it's word, or any agreements. Why would it be any different with US finances and debt?

54


Yanathan
Yanathan
1 week ago
This is getting scary. The federal bank now holds over $7 trillion in debt. It was half of that just 3 months ago.

25


Charles Kesner
Charles Kesner
1 week ago
It was bound to happen. US is in trouble.

105


yip man
yip man
1 week ago
Unfortunately, we can't pay the debt. It's just too too far gone now.

62


ture sankara
ture sankara
1 week ago
FED Chairman Jerome “Fast Fingers” Powell to the banks:
‘Money Printer Go Brrr!’

Chucky “Your Friend Till The End” Schumer to small business owners:
‘I’ve got a bridge loan in Brooklyn I want to sell you.’

“The Don Father” Trump to workers:
‘We gave your bosses PPP offers they couldn’t use.”

Mitch “The Snitch” McConnell to taxpayers:
‘No soup for you!’

Nantoinette Pelosi to everyone else:
‘Let them eat ice cream.’

Bernie The Bro:
‘Joe Biden is a good friend of mine.’

“Jim Crow” Joe Biden to voters:
‘Vote for the other guy.’

‘It’s one big club and we ain’t in it.’ — George Carlin

152


fairplayall
fairplayall
1 week ago
The US dollars are worth much less when they just printed trillions more

Only fools buy their bonds

16


Ramon Ng
Ramon Ng
1 week ago
Wow, this is the end of the world reserve status of the US dollar.

No wonder the dollar has been weakening here in the Philippines, losing 3% of its value in over a week..

Good move for China, it will benefit all victims of US sanctionings..

Welcome, China to spot number 1.

43


cohen darwin
cohen darwin
1 week ago
Many pinoy were manipulated by western media. They don't like the investment from china. The capitalist media complaint about debt trap. Well if you borrow money from IMF aren't that also debt trap. To develop of course a country need a debt, also investment. Without that, the economic growth only growing papaya, banana, or chicken.

6


Carin Hall
Carin Hall
1 week ago
Lol, I called this 2 months ago and people called me crazy

30


anti pop
anti pop
1 week ago
Stick it to them China.

65


ritchietheforky
ritchietheforky
1 week ago (edited)
China is using its money to aid other countries to better itself whereas USA is killing,bombing,blackmailing sovereign countries officials.
The $$$ is dead it just doesn't know it yet get BITCOIN,GOLD,SILVER AND GEMS AND BUCKLE UP

56


Techno Tard
Techno Tard
1 week ago (edited)
I've been preaching his for months now. The US Dollar is going to lose it's reserve status! It's going to lead us into 3rd world country status! People will be killing each other for a cup of water and gasoline! The sanctions pushed the rest of the countries over the edge!

60


jerry daniel
jerry daniel
1 week ago
Wow USA done then 😂😂😂

58


M9
M9
1 week ago
Please the world should dump US dollars ASAP before the US does more damage to the world. The world has been fooled and ripped off by theUS for so long.

58


Joanna Hampton
Joanna Hampton
1 week ago
WTF, George Floyd DID NOT "die later in police custody" he died on video in front of the world!!!

19


A L
A L
1 week ago
CNN, NBC,MSMBC, FOX, CBS, ABC,NPR are funded in whole by oligarchs all over the world.

47


Bee be Cee
Bee be Cee
1 week ago
The whole world is selling
off their US dollars.

14


Tony
Tony
1 week ago
Japan should take notice and worry too. Japan is the largest holder of U.S. debt, with $1.268 trillion in Treasury holdings. This is the highest level of debt owned by Japan in several years, beating out China as the largest holder of U.S. debt. Information from Investopedia.

25


saggoh
saggoh
1 week ago
Most idiots used to make fun of the gold standard as something "biblical", well, it is biblical, and watch it destroy the empire of lies that is Israel, the US, Saudi Arabia, and the UK.

36


The Devil
The Devil
1 week ago
It's all going according to plan...

96


ture sankara
ture sankara
1 week ago
“Bye, bye Miss American Pie,
Drove my Chevy to the FED but the FED was dry.
And them good ole bankers were drinking whiskey and rye.
Singin' this'll be the day the FIAT dollar dies,
This'll be the day that the FIAT dollar dies.”

China's Secret Weapon Against USD Is a Gold-Backed Crypto Currency: Max Keiser
https://www.kitco.com/news/2019-11-01/China-s-secret-gold-backed-cryptocurrency-to-destroy-U-S-dollar-skyrocketing-gold-prices-Max-Keiser.html

54


TRUTH Matters
TRUTH Matters
1 week ago (edited)
YES, CHINA. FINALLY.
TQ RT for real news !

5


Steven Thong