"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
U.S. Bank Enemies at the Gates
One reason the dollar collapse might accelerate to breathtaking speed: "China is actively attempting to diversify its reserves. The reality (not a joke) is that they are trying to cobble together 2000 different $1 billion deals to secure hard assets in exchange for US Treasury Bonds, enough to dump their $2,000 billion US$-based hoard at risk....The inescapable fact of life is that China has embarked on an US Treasury dumping initiative." [Bold in original]. Commentator Jim Willie -- not one of those typically quoted in the Major Media -- tells it as he sees it, political correctness be damned.
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