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15 Jul, 2020 20:28

China is testing cryptocurrency while the US sleeps (Full show)

China is testing a new digital currency in major cities linked to mobile phone accounts and tied to its central bank, while the US reportedly looks ahead to developing its own national digital currency. Investigative journalist and “Boom Bust” co-host Ben Swann reports. Then market analyst and “Boom Bust” co-host Christy Ai joins Rick Sanchez to share her insights. Jason Hartman, founder and CEO of Platinum Properties Investor Network, discusses the troubled state of the COVID-19 era economy. He describes the “vicious circle of cause and effect” wherein the banking system will overcorrect its policies toward lower or higher interest rates. RT America’s Sayeh Tavangar reports on the all-time high of COVID-19 cases in Florida and other states as the second wave of the pandemic sweeps the US. Protesters in Jerusalem seeking the resignation of Israeli PM Benjamin Netanyahu clashed with police on the anniversary of Bastille Day, a nod to the French Revolution. RT’s Paula Slier reports. Then UK MP George Galloway weighs in on the movement to remove Netanyahu from power.

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