collapse... With perhaps no hope of eventual recovery, as the society
and population probably could not survive for even one year."
— Dr. Peter Vincent Pry, Testimony given before Congress, May 8, 2014
http://www.independentlivingnews.com/vi ... nt=8/17/15
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some extreme volatility in the markets last week, it looked far better
by Friday than it looked on Monday. But we shouldn’t ignore where it
all started.
China.
Their speculative stock bubble quickly turned bust (as they all do),
and Chinese stocks started falling. Worried of the economic consequences,
the PBoC decided to engage in a little “stimulus” of their own, by
devaluing their currency. But what’s happened in the weeks since —
almost untouched by the (Jew) mainstream media — is perhaps more
interesting news. China has liquidated more than $100 billion in
US Treasuries, doubling the total sold in the first half of the year.
Some estimates suggest they’re on their way to 10X that — $1 trillion
in US Treasuries sold. This would largely turn the clock back on QE3,
and has the power to significantly increase interest rates here in the
US.
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