The following video is brought to you courtesy of the World Alternative Media YouTube Channel. Click the video below to watch it now.
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent evidence that Japan is in fact the one dumping U.S. treasuries. For quite some time, misleadingly it has been believed that China was indeed the one dumping U.S. treasuries. Well China has actually bought up 8.5 billion dollars worth of treasuries in February. The most of any nation.
Japan on the other hand sold 6.3 billion dollars worth of treasuries in February. The most of any nation.
Japan now holds 1.059 Trillion dollars worth of US treasuries. This is the lowest since the start of 2012.
Russia has also been dumping US treasuries for the 3rd month in a row to their lowest in a year.
This is another tell tale sign of the crashing world reserve economy. All fiat currency eventually reverts to its true value of zero. The fundamentals are off the table due to the level of manipulation, so we cannot put a date on it, but we know it’s going to happen.
We will continue to report on this story as it unfolds, but there’s no doubt we’re seeing a lot of the tell tale signs of the inevitable crash. Another reason individuals need to be self sustainable and financially responsible.
Stay tuned for more from WAM!
Video edited by Josh Sigurdson
Graphics by Bryan Foerster and Josh Sigurdson
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