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Breitbart: China Devaluation Exposes Fragility of Globalized Economy

China-renminbi.jpg“If the U.S. doesn’t write the rules, China will write the rules,” is a slogan that President Obama has repeated endlessly to sell the Trans-Pacific Partnership (TPP). The president is in effect saying that the United States would force China into complying with a U.S.-preferred set of rules simply by setting them down in the TPP.

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