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Huge Cracks in US Financial Fortress

- Jim Willie CB - Hat Trick Letter

Perhaps the Chinese skipped the asset buying step by going straight to One Chase Manhattan Plaza and buying the Bank that owns the assets.

Commented 4028 days ago

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Beginning of the headline :Many analyst writers choose the Black Swan analogy to describe deeply ominous events in progress, with little forward notice. The analogy simply does not fit anymore, as an armada of black swans is more appropriate, spotted on regular and frequent sightings. The Jackass preference is to describe a series of major cracks in the financial fortress that defends the USDollar system and its decrepit USTreasury Bond shuttle buggy. The vehicle is overloaded with supply and bereft of investors, upheld b... Read More

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