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originally posted by: anonentity
a reply to: maddy21
When someone uses the pension fund to prop up the share market, it seems an act of desperation.
originally posted by: dawnstar
It won't surprise me if the Dow opens up a hundred or so points tomorrow and it's a great day for the stocks! The markets seem to be based on a reality that is manufactured by the central banks and wall street.
and well, the bag of tricks is not empty....
they still have your savings accounts to raid, and if that ain't enough, there's your checking accounts... if that isn't enough, they can always go door to door for you silver and gold....
China has alot of US debt that is can sell off which is increasing in value as the dollar does. They seem to be in a win/win situation as long as there's someone stupid enough to buy it. They'll just dump their treasury bonds and buy gold, land, and other hard assets that have real value.