It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by redhatty
speaking of bonds... ROFL
back to the incredibly twisted story of the Japan/Italy bond "situation"
I'm referring you all over to Karl Denninger, who has really been following this closely, and while he even touches on something Hal Turner reports, it is the OTHER things he has compiled that will make you sit back and go "HMMMMMM"
The Bond Saga: It Gets More Odd
Originally posted by marg6043
I believe China is warning the US on Iran right now, so we should see if it will reflect in the markets this week.
Originally posted by marg6043
China have enough hold on the US right now that they will be using that to influence the Iran out come, if it's true that US is involved.
Everyone and their grandma thinks China wields all this influence, but honestly, maybe that is just what people want commoners to think.
Originally posted by GreenBicMan
The value of China holding our debt is nothing compared the the amt.'s of money we throw around
Originally posted by Hastobemoretolife
I'll repeat this again, you cannot just print money and expect the money to hold its value. Now if they monetize the two trillion in debt that they have to pay for come this fall that is a very bad thing. Printing(or creating) money out of thin air has the same effects as defaulting on a payment.