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U.S. Will Roll Out QE3 After S&P Rating Cut, Li Daokui Says

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posted on Aug, 6 2011 @ 12:09 PM
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U.S. Will Roll Out QE3 After S&P Rating Cut, Li Daokui Says


www.bloomberg.com

The U.S. Federal Reserve will extend its program to purchase the nation’s debts and stabilize long- term interest rates after Standard & Poor’s downgraded its credit rating, according to an adviser to China’s central bank.

The Fed will roll out quantitative easing 3, a tactic to purchase treasuries, Li Daokui, an adviser to the People’s Bank of China, wrote in his microblog weibo.com. Institutional investors will be forced to sell long-term U.S. debt, which may cause financial turbulence, he
(visit the link for the full news article)


Related News Links:
www.moneynews.com
www.todayonline.com
www.infowars.com




posted on Aug, 6 2011 @ 12:09 PM
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QE3 is definitely not something we can handle at this time, it would further eliminate the value of the United States Dollar which is already in poor enough shape. Gerald Celente had been warning the American people about the results of QE3 with results being riots in the streets and a possibility of martial law not long after the beginning of QE3.

So now an advisor to the People's Bank of China is saying that we will in fact be implementing QE3 after S&P downgrades our credit rating, which it did on August 5th.

www.bloomberg.com
(visit the link for the full news article)



posted on Aug, 6 2011 @ 12:12 PM
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Abovetopsecret.com

And a gold member too, you should know better!!

Even the same title!!

tsk!



posted on Aug, 6 2011 @ 12:37 PM
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reply to post by JakiusFogg
 


I thought if they had the same title then ATS would automatically not allow you to post a second?

Either way my bad. Sorry mods, please delete.



posted on Aug, 6 2011 @ 12:40 PM
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If this is true, what more proof do people need that obama's trying to turn the US into a third world nation. Instead of the midas touch obama has the lead touch, everything he does brings us further down.



posted on Aug, 6 2011 @ 12:46 PM
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reply to post by Chance321
 


Uh, what does this have to do with Obama?



posted on Aug, 6 2011 @ 12:48 PM
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Originally posted by TheOneElectric
reply to post by Chance321
 


Uh, what does this have to do with Obama?



Uh, because he's the president, the one in charge. Or can't we blame obama for anything?


edit on 6-8-2011 by Chance321 because: (no reason given)



posted on Aug, 6 2011 @ 12:56 PM
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Ohhhh Neat. They fire up the printing presses and run them 24/7 at high speed again for awhile. The M3 Monetary figure they used to publish as a routine part of business will again reach new levels in the atmosphere as the American dollar has all the value of toilet paper.

What are they thinking?? We watched them approve more debt ceiling so they could print it up and hand it out, AGAIN?!
edit on 6-8-2011 by Wrabbit2000 because: (no reason given)




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