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CHINA.. Dumping Billions of dollars of T-BillsThe purge is beginning. China warned us about our debt. Economists who are not in the influence sphere of the Government have warned that this event was likely to happen if we did not control our debt. What did this administration do.. Present a budget that exponentially expands SPENDING at RECORD levels..Blowing out our debt beyond all reach.. Be ready for the dollars collapse. It's coming. What replaces it is what this administration is reaching for.. a One World economy. This one event will start an avalanche of others doing the same. Why would any Government buy our debt when China is about to create the RICHEST investment opportunity for them. With China bowing out.. Who is going to step up and finance our debt? Oh yeah The Fed will just print more.. We may not reach Zimbabwe level, but by Jan 2011 we are going to see a very different Country then we see now.. S. Lindsey's blog | login to post comments |
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