posted on Jan, 27 2014 @ 10:29 AM
reply to post by BABYBULL24
China says they're going to default on January 31st - gov't telling wall street banksters to dump everyone's 401K's and public pension funds into
worthless US treasury bonds -
Currency wars are on the agenda.
Guess who's going to lose?
No economist but what i read this China thing has nothing to do with foreign currency reserves - it is all about the yuan. Them dumping foreign
currency wont help them. I think it has to do with China wanting to keep the value of yuan low or it's a totally made up story to mask some other
issue going on.
Should be interesting at the end of the month.