Thursday, October 8, 2015

I guess China knows something we don't know (or won't publicly admit).

Once the Biggest Buyer, China Starts Dumping U.S. Government Debt
Central banks around the world are selling U.S. government bonds at the fastest pace on record, the most dramatic shift in the $12.8 trillion Treasury market since the financial crisis. Sales by China, Russia, Brazil and Taiwan are the latest sign of an emerging-markets slowdown that is threatening to spill over into the U.S. economy. Previously, all four were large purchasers of U.S. debt.


Anonymous said...

Ooops! This is the Financial Big One we've been warned about for a long time.
Are you prepared? Got hard goods? Got metals?

This may be nothing more than a Global Financial correction, a tempest in a teapot, but are you willing to take that chance?

B Woodman

Anonymous said...

Is WW3 inevitable? After all the crooks in Washington say that war is good for the economy.


Anonymous said...

Spending dollars while they still have value. Not a bad idea.

Anonymous said...

Yeah .. but who wants to buy the worthless script?

Kiwi III

Anonymous said...

Just like Bookies and Loan sharks buy and sell each others debt to gain advantage.. global life is nothing more than street tactics on a larger scale.