Tuesday, October 8, 2013

China and Japan warn US on default - FT.com


Comment: now it's official, China has warned the U.S. to ensure the safety of their U.S. investments. Of course the Obama-Nation of Desolation as spoken of by the "profit" Daniel has no interest in protecting China's investments. His sole interests are maximizing the wealth of his master's at the Federal Reserve Bank. Unfortunately, China only thinks they own the U.S. They, like the rest of us, thanks to the intellectual sloth of academia and lack of genuine journalistic skepticism in the lame-stream media have all been duped!

While everyone and their brother was worried about China and Japan buying up the U.S., the folks at the fed have been quietly buying up mortgage backed securities using digital "funny money" that's not worth the digital paper it's not printed on! If you're an American and if you have any debt what-so-ever; congratulations, you are a debt slave to the banksters at the Fed. 

Worse yet for our friends in Japan and China, all that money they lent the U.S. has been inflated away by America devaluing the dollar. Put another way, America borrowed real money from them so they could buy their products and instead of paying them back in full with interest, they're paying them back in dollars that are worth less and well on their way to becoming totally worthless! They're not even going to get any of the interest back let alone even a portion of the principle that was borrowed. They, like the rest of us have been scammed!

Japan is too cloesly tied to the U.S. and their economic demise is mutually assured destruction of the Yen along with the dollar. The only way China is going to get anything tangible back from the U.S. will be in blood! Yup, that's right, you guessed it, WWIII. The Obama-Nation of Desolation and his bosses at the Fed don't understand Asian culture and they're betting that China won't have the guts to pull the trigger. They're still looking at this whole situation through western eyes and the funk of a Keynesian Kool-Aid induced stupor. My bet is, they're wrong!

http://www.ft.com/cms/s/0/a73a3728-2f41-11e3-ae87-00144feab7de.html#ixzz2h4zF11e1

(Click on the link above or the post title for the full story)

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