It has become obviously clear that the US and China are clearly pegged together, at least for the time being, and what happens to China happens in the US and the rest of the world.
The chinese have manipulated their currency, and as a result, the following has occurred:
#1-August 9, 2015- China has reduced its holdings of US Treasuries by about $180 billion...and yet Bloomberg chooses to indicate that the demand for US treasuries is still "robust"...
Why would China make such a move?
https://www.youtube.com/watch?v=Kl4D84YqTTY&index=196&list=PLE6FD224009596635
Why would China make such a move?
https://www.youtube.com/watch?v=Kl4D84YqTTY&index=196&list=PLE6FD224009596635
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