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RT- Peter Schiff: 'US No.1 offender to blame for global imbalances'

A U.S. proposal to restrict how much countries should be allowed to borrow or export has run into opposition at a G20 meeting in South Korea. Japan, Germany and Russia have criticised the so-called "planned economy" thinking. Investment strategist Peter Schiff told RT that Washington is the one to blame for creating the global imbalances that threaten the world's financial stability.

http://www.youtube.com/watch?v=Lq1bFyeCj18&feature=sub