The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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From: maceng2	2/11/2015 6:51:45 PM
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China and the portending Credit crisis. "A new study reveals the staggering scale of the problem as global debt has ballooned by $57 trillion since 2007 to reach about $200 trillion, according to McKinsey & Co. The main culprits of monetary expansion has been China, which launched a 4 trillion yuan (£386bn) stimulus package, the US Federal Reserve has launched three rounds of QE adding $3.7 trillion worth of assets to its holdings, the Bank of England has spent about £375bn and Japan has increased its asset buying programme to 80 trillion yen (£454bn) a year, up from the previous rate of 60-70 trillion yen." telegraph.co.uk

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