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Tag: Draw-a-Line

China Dumps Dollar as U.S. Printing Presses Roll

As the printing presses keep spitting out money as fast as they can run, China’s treasury minister has just announced that they intend to rid themselves of 2/3 of our treasury bonds they hold…2 Trillion dollars worth!

Congress is sweating over cutting a mere $38 billion while the debt is rising at over $100 billion a month. Does that make sense to you?

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