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US dollar credit held by many emerging nations is several times their actually currency reserves. Since 90s, global dollar debt outside USA has risen to 11 trillion. Continued rate hikes in the US causing this to rise at any average of 5% p.a. (www.business-standar...-118012501192_1.html)
US debt is now 20 trillion! (www.usdebtclock.org/)
Caspian Report on emerging markets: www.youtube.com/watch?v=-iUsKDfP...