The United States is a “mega-bank” or “giant venture capital firm”

25. October 2009 by Dan Walkow, CFA, CMT.

Former President of France,  Charles de Gaulle famously resented America’s paramount position in the global economy in the 1960s. He complained that the US enjoyed exorbitant privileges and deficit without shedding tears created by dollars, and that it plundered resources and factories of other countries with its worthless waste paper.

A view from China, to read the whole thing go here.

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