Saturday, May 3, 2014

The "Shocking" Buying Spree Of America's Mysterious Third Largest Treasury Holder Ramps Higher

Russia, China, and Japan are now either net sellers or significantly reducing their purchases of US Treasury bonds, meaning the Fed is the buyer of last resort, right?  Yet, Belgium, an equally insolvent state, is loading up on US Treasuries.  Is it a coincidence that the European Union capital is in Brussels?

This whole Ponzi scheme of monetizing US Treasury debt is about to implode.

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