In this video, I talk with author and economic analyst John Sneisen about the recent concerns over China potentially halting purchases of U.S. Treasuries.
We've warned for quite some time that we will see China dumping US bonds and unfortunately, more vindication comes knocking at our doorstep. We are seeing the repeat of something we've seen so many times before but this time on a much greater scale.
Maybe not with bonds per say, but certainly with the markets in general and at this point the only one buying US Treasuries on a grand scale is the Federal Reserve itself!
This all happens as Bill Gross of Janus recently said that bonds are in a bear market. Gross is a billionaire bond veteran and someone who's been quite bullish in the past.
There's a reason why we see so many buying into cryptocurrencies, gold, silver and other assets outside of the centralized debt system. There is a calamity on the horizon, the likes of which none of us have ever seen before. It's been building for a long time and due to the lack of fundamentals left in such a heavily manipulated market, we cannot say WHEN it's going to come crashing down, but we know it's going to and all signs point to soon.
This is why we must look to self sustainability and financial responsibility. This power shift means countless countries swapping out of the worthless US world reserve fiat currency.
China and India are attempting to lead the way. Instead, WE must lead the way as individuals out of the centrally planned banking system.
See the FULL video report here:
Thanks to @Bretjfeller for giving us a heads up on this story.
It will be interesting if Uncle Scam (USA) decides to attack North Korea as payback for China's dumping of US treasuries. A conflict on the Korean peninsula will have massive economic implications for China.
Gaddafi and Saddam wanted their own gold/oil-baked currency, and look what happened to them. China is no Libya, but the war against China may be waged in a different manner.
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Amazing to see the US stock market at all time highs with all the debt, another pending govt shutdown deadline and yet the party goes on. Once the debt is recognized as worthless it is game over.
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Yup! Our next video will be on the stock market "highs" ;)
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Yes it is. I think, that's going on for a week now. What will happen is, even bigger inflation in US Dollars, and US debt will go sky high
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I've been expecting a worldwide market crash since 2012 when the US debt doubled under Obama. Here we are six years later and no crash. Of course there will be one eventually but, like you said, there is no way to know WHEN it's all going to come crumbling down. Is there any safe haven?
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"There is a calamity on the horizon, the likes of which none of us have ever seen before. "
Or your standard market correction like we see every decade or so.
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halting and dumping are not the same thing.
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its informative news...
thanks a lot...
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It is vital news..Thanks dear for the great news .watitng your next post...
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This was what the U.S. government was frightened of when crypto-currency was introduced world-wide. China is smart to dump U.S. Bonds.
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Thanks for the post! I agree with you.
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I have grown weary of everyone crying out "Black Swan" over the years but this sounds a little like honking to me... Thank you for the insightful summary. Poor Belgium!
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We should prepare for all the overseas dollars that will eventually flood our shores. Stock up on gold and silver while they're at bargain prices. Upvoted, Resteemed and THANKS!
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Also, can you explain the difference between inflation and real inflation?
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Most people are still playing musical chairs but the music stopped a long time ago - unfortunately they weren't listening.
It's going to get very ugly when SHTF!
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