China Is Dumping U.S. Government Debt at an Alarming Rate
While our government’s debt has been a hot topic for many years, it’s the money that we owe China that has been frightening financial analysts, especially since the crash of 2008. The fact that we are indebted to one of our biggest competitors on the global stage, does not bode well for our future. The only question is, what happens if China decides to pull the rug out from under us by ditching these debts?
We may be about to find out, since lately, China has been dropping US government bonds like hot potatoes. After the Chinese government devalued the yuan in August, their currency experienced a massive sell-off by investors who feared that more devaluations were ahead. To contain the situation, China’s central bank has been buying up their own currency while selling their dollar reserves.
And China isn’t alone either. By July, Russia had sold $32.8 billion in US Treasury debt, and Brazil and Taiwan have been dumping the dollar as well. All of these countries used to be our biggest customers. India has actually increased its holdings, but it hasn’t been nearly enough to offset what we’ve lost. Foreign purchases of US treasury notes and bonds have been in the red throughout 2015, and peaked to about $123 billion in loses last summer; the largest decline since we started keeping track in 1978. While the trend is still young, it appears that the global dollar sell-off has begun in earnest.
Delivered by The Daily Sheeple
Contributed by Joshua Krause of The Daily Sheeple.
Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshua’s reports at Facebook or on his personal Twitter. Joshua’s website is Strange Danger .
Source: http://www.thedailysheeple.com/china-is-dumping-u-s-government-debt-at-an-alarming-rate_102015
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,708,304,013 |
| Stories: | 8,450,116 |
Whistler Blowers, Insiders
