The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label us debt. Show all posts
Showing posts with label us debt. Show all posts

Wednesday, February 15, 2012

Rats leaving a sinking ship as both Russia and China dump US Treasuries

Russia and China are two major holders of US debt instruments, but perhaps not for long.  New data is showing that Russia has been selling vs buying US Treasuries now for 14 straight months, and China, which is the second largest holder of US debt paper only to the Federal Reserve, has cut its exposure to their lowest point in a year.

Think the sovereign nations who hold interests in the Middle East don't know what is coming for America?

Today's disappointing TIC report confirmed what Zero Hedge reported back in January, namely the record dumping of Treasurys by foreign entities. And while we will spare you the details of the report (found here), two things bear pointing out: the very demonstrative selling of US paper by Russia continues, and is now in its 14th consecutive month (as has been reported here consistently), as total USTs in Putin's possession declined to a fresh multi-year low of $88.4 billion, half of the $176 billion in October 2010. Also confirming that the Asian anti-USD axis is now one which consists of at least Russia and China (and certainly Iran), was the stepwise dump of US paper by Beijing which sold $32 billion in US bonds in December, bringing its total to a new post 2010 low of $1100.7 billion. - Zerohedge



Charts courtesy of Zerohedge

Monday, October 17, 2011

Global Debt Clock: 43 Trillion and counting

Many Americans have seen the websites that contain the National Debt Clock, and the US's over $14 trillion in debt.  Now we can add a new debt clock to the mix, only this one is a complete global debt clock, with a price tag of over $43 Trillion and growing.

Courtesy of the Economist

In 2009, the global GDP was $58.26 Trillion dollars.  So with the current global debt at $43 Trillion, the debt is now 74% of total GDP.

For countries like the US, their debt is 98-100% of GDP, making them insolvent.  At the going rate of debt rising internationally, the entire world will be insolvent within 3-5 years.

Is it any wonder we are seeing an Arab Spring, riots in Europe, and Occupy Wall Street?

Friday, October 14, 2011

Fed becomes primary purchases of US debt as foreign holders dump treasuries

The ramifications of Congress's recent censure of China for currency manipulation may be coming home to roost for the US Treasury.  As the primary money printer in the country issues its current bond report, a staggering $74 billion in US holding have been dumped by foreign interests in just the past 6 weeks.

as soon as the broader population understands what has transpired, concerns about the reserve status of the greenback will start to resurface, precisely as many have been warning. And what has happened is that in six consecutive weeks, foreigners have sold $74 billion, or more government bonds in a sequential period of time than ever before. - Zerohedge

So now the Fed will continue to grow as the primary holder of US debt.  It only goes to show you the warnings given by our founding fathers.

Thomas Jefferson was concise in his early warning to the American nation, "If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."
How many of this generation are now homeless, jobless, and without rights to property thanks primarily to the central bank known as the Federal Reserve.