U.S. Economy disaster
China is aggressively buying gold, dumping U.S. T-bills and has decoupled the Yuan.
As America basically exists by printing T-bills and selling them to China, this is disastrous.
Except for more quantitative easing (we create debt and then print money to cover) our credit card has been cutoff.
Zero Hedge - link
Bloomberg - speechless
The judgement is well underway. Just awaiting the pop.
Topics
Debt Crisis
Post A Comment
No comments