China Is Headed For The Exits
investmentresearchdynamics.com / Dave Kranzler /
A few years ago, we opined that Bernanke and his ilk created a stock market Frankenstein with their desire to generate ‘the wealth effect.’ We also regularly stated that eventually, markets stage violent revolts against central planning and command control. The revolt has only just begun. – The King Report, Thursday, August 27
I have maintained that part of China’s “hidden” agenda in devaluing its currency is to let the air out of its bubbles ahead of every other asset bubble-infested system – the U.S. assets bubbles being the biggest (ignore the western propaganda slamming China).
It was revealed yesterday that China is now unloading its massive U.S. Treasury bond holdings. The entire astute segment of the financial has been wondering for years when and how this would occur. China has even given the U.S. Government a “courtesy call:” China Selling Treasuries.
Rather than re-invent the wheel on my analysis, here’s some comments I made in an email exchange with Jay Taylor, who asked me if yesterday’s and today’s stock market action was a sign that the criminals running our system had “won:”
The post China Is Headed For The Exits appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/08/27/china-is-headed-for-the-exits/
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