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Clinton admitted that the U.S. is the culprit for the global financial crisis

BEIJING, January 30 Former President Bill Clinton on the 29th at the World Economic Forum (WEF) annual meeting acknowledged that the U.S. is the culprit of this global economic crisis, he believes the United States out of the crisis, can not do without China and other countries.
According to" Central News Agency" reports, WEF in Davos, Switzerland (Davos) meetings held on the second day, Clinton with the WEF Executive Chairman Klaus Schwab (Klaus Schwab) of thechat, said the U.S. debt has been too serious, the president Barack Obama raised 819 billion U.S. dollars economic recovery program, to rely on other countries to buy U.S. Treasury bonds possible support.


He said to let the U.S. economy out of crisis," can not do without Chinaand so dependent on exports, cash-rich but also hurt the national support." " They have to support us ... so that we have the ability to recover to re-buy their exports."


For the United States is the culprit of this global economic crisis, saying Clinton to acknowledge," is right, it all began with the United States, but it is also had an explosive impact on China." He emphasized that thisthe economic crisis shows that today's global interdependence is important," we can not do without each other, breaking up is not an option."


Clinton said the United States to stand up, etc., affecting the global trade re-rolling,reached a certain degree of collective security, we look at how the next to go.


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