Title: The Economic Storm Has Already Begun & The Brunt Of The Storm Might Hit By Year End: Lynette Zang Source:
[None] URL Source:https://www.youtube.com/watch?v=MIJ_qCWs1T8 Published:Jun 30, 2018 Author:X22Report Spotlight Post Date:2018-07-01 08:28:49 by BTP Holdings Keywords:None Views:851 Comments:7
Poster Comment:
Abolish the Federal Reserve and have a debt Jubilee.
No big deal. The public has confidence because that is what mainstream media tell them. It doesn't matter how much mainstream media lies and they have been lying for decades, the public in the USA will always believe mainstream media.
Granted at some point, the debts will require the Federal Reserve to counterfeit so much money that inflation will skyrocket regardless of what mainstream media tell the public. However, that may take decades.
the debts will require the Federal Reserve to counterfeit so much money that inflation will skyrocket regardless of what mainstream media tell the public. However, that may take decades.
China is selling its Treasury Bills into the secondary market now. When those chickens come home to roost it will cause massive inflation. It has already started.
China is also buying more U.S. debt. But they are going to demand title to hard assets, such as the National Park System and other real estate in the U.S. Are you ready for that?
I hear they have already bought the old Waldorf-Astoria Hotel in NYC and are going to rehab it with the top 10 floors to be turned into Condos. ;)
Over the last 5 years China has sold about 10% of their USA debt holding so, if that continues, it will take 50 years to sell all their Treasuries.
Therefore, if in the next ten to twenty years, the USA experiences even greater devaluation of the US dollar, China selling US Treasuries will not be the reason.
if in the next ten to twenty years, the USA experiences even greater devaluation of the US dollar, China selling US Treasuries will not be the reason.
Chinese are not allowed to own property in China since it is all owned by the Party.
Chinese come here to buy property and are the current owners of the old Waldorf- Astoria Hotel in New York. From what I have heard they plan to turn the upper 10 floors into Condos. ;)