2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 445.60

-10.1%

Jan 30 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

kidl

To: TobagoJack who wrote (115588)	1/15/2016 10:26:28 PM
From: Elroy Jetson	1 Recommendation Read Replies (1) of 219928

You guessed incorrectly. A Wiemar-style currency reset will be required to pay down Chinese debt. Chinese debt is repayable in US Dollars and Euros, not Yuan because the debt market for Yuan debt so far is very small. China has been able to sell only one small bond series in Yuan, primarily to investors in Hong Kong who will accept this type of payment. Like China the Wiemar Republic also had to make payments in currency other than German Marks, primarily French Francs and British Pounds. This is why Chinese citizens are obsessed with gold. It's one of the few ways they can protect themselves against the coming Chinese Yuan reset and hyperinflation. Unwind central bank currency swaps and all US government debt and essentially all private debt is owed to Americans. It appears different because of currency swaps and mutual debt purchase by Britain and the EU. Underneath the swaps, all American debt is denominated in US Dollars, European debt in Pounds and Euros, so the central banks of Europe and the US can pay off all debt with additional currency.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next