China accuses US of financial WMD

Chinese state media has blamed the US for unleashing financial “weapons of mass destruction” and sparking a global market “tsunami”.

China’s official People’s Daily warned on Wednesday that the US had set off a “financial tsunami” by allowing Wall Street lenders to trade in subprime debts and unstable financial derivatives. >>>>>

One Response to China accuses US of financial WMD

  1. […] post by 5-Pillar Scribe China accuses US of financial […]

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