Josh Sigurdson talks with author and economic analyst John Sneisen about the recent concerns over China potentially halting purchases of U.S. Treasuries.
We’ve warned for quite some time that we will see China dumping US bonds and unfortunately, more vindication comes knocking at our doorstep. We are seeing the repeat of something we’ve seen so many times before but this time on a much greater scale.
Maybe not with bonds per say, but certainly with the markets in general and at this point the only one buying US Treasuries on a grand scale is the Federal Reserve itself!
This all happens as Bill Gross of Janus recently said that bonds are in a bear market. Gross is a billionaire bond veteran and someone who’s been quite bullish in the past.
There’s a reason why we see so many buying into cryptocurrencies, gold, silver and other assets outside of the centralized debt system. There is a calamity on the horizon, the likes of which none of us have ever seen before. It’s been building for a long time and due to the lack of fundamentals left in such a heavily manipulated market, we cannot say WHEN it’s going to come crashing down, but we know it’s going to and all signs point to soon.
This is why we must look to self sustainability and financial responsibility. This power shift means countless countries swapping out of the worthless US world reserve fiat currency.
China and India are attempting to lead the way. Instead, WE must lead the way as individuals out of the centrally planned banking system.
Stay tuned as we continue to cover this issue as we have.
Video edited by Josh Sigurdson
John Thore Stub Sneisen
Graphics by Bryan Foerster and Josh Sigurdson
Visit us at www.WorldAlternativeMedia.com
LIKE us on Facebook here:
Follow us on Twitter here:
FIND US ON STEEMIT:
Buy Tickets For The Much Anticipated Anarchapulco 2018 Below And Save 10% By Using Promo Code “WAM”!
BUY JOHN SNEISEN’S LATEST BOOK HERE:
Help keep independent media alive!
Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship!
World Alternative Media
“Find the truth, be the change!”