X-15

Looming Currency Devaluations

China,Japan, two large holders of US$, under pressure to support failing export market SELL Dollars in support of thier own economy creates problem for US Treasury.JUST at a time Treasury needs an increase in buyers for massive debt overhang. It is as Faber, Rogers say, Treasury is boxed in. The threat is an auction where the participants do not have the resources nor inclination to buy.
What then? Does the Treasury buy its own debt...?

Is Irag going to help ..
Russia?
Argentina?
Iceland?
India?
The Chinese understand the implication. It is this--will the Chinese help US financial shennanigans to the detriment of its' own populace?

China's Impending Financial Crisis

Sooner or later China growth will slow-but with 1.2 billion folks working for a better existence and straight ahead government thinking, China has great future. To many huge cities with voracious appetite for materials for infrastucture, not to mention technology upgrades...bend maybe but will not break. The Chinese have an agenda sure but to devalue the currency -it ain't gonna happen. This ain't Argentina.
JST, RJI, Watg