Can You Guess Which Country Sold BILLIONS of U.S. Debt? Hint: It’s NOT China

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Will the Fed be the lender of last resort?

Looking at the financial system you will see the flaws which are now fully apparently. Debt is pervasive at every level. You can’t escape it. So what do central planners do when times get tough and the economy turns sluggish? Well that’s pretty obvious: Pump it up!

 

See also  CNBC 2 months ago: " You're saying move money to China, because it's safer?"

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Earnings Give U.S. Stocks a Boost – WSJ

www.wsj.com/articles/asian-stocks-quiet-looking-to-chinese-data-1523929209

China cuts deposit reserve rate for first time in 26 months to unleash cash | South China Morning Post

www.scmp.com/news/china/economy/article/2142146/chinas-central-bank-cuts-reserve-requirement-lenders-free-funds

Feds Taxed and Borrowed $4.47 Trillion Since Last Tax Day; $13,737 for Every Man, Woman, Child in USA

www.cnsnews.com/news/article/terence-p-jeffrey/feds-taxed-and-borrowed-447-trillion-last-tax-day-13737-every-man

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