Monday, October 17, 2016

GOSH! I bet you did not know this!

You may remember that recently I blogged the argument that the US had to be the biggest currency manipulator because of its incredible debt load.
In fact it is said that if the Chair of the Fed raised interest 2%, the interest payment that the US would have to do would break the US economy.

So, you and I must be amazed by this:
http://news.xinhuanet.com/english/2016-10/15/c_135756326.htm

Like me, you instantly wondered:
HOW IS THIS POSSIBLE?

The only comparable analogy as to what is happening is equivalent to ye olde time NYC mafia don singing pious hymns and praises to the life of Mother Theresa.


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