Kuntsler 7-23-18 russia attcked us?

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Mike G
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Kuntsler 7-23-18 russia attcked us?

http://kunstler.com/clusterfuck-nation/russia-attacked-us/

The Helsinki summit meeting has the look of a turning point in Mr. Trump’s political fortunes. One irony is that he may escape his enemies’ efforts to nail him on any Russia “collusion” rap only to be sandbagged by financial turmoil as the dog days of summer turn nervously toward autumn. Events will cancel the myth that his actions as president have produced a booming economy. If anything, the activities that make up our economy have only become more vicious rackets, especially the war industries, with all their inducements to counter the imagined Russia threat.

Bruce Libby
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I suggest a immediate boycott

I suggest a immediate boycott of Russian Dressing !

Mike G
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https://www.rt.com/business

https://www.rt.com/business/434111-russia-dumps-treasuries-creditors/

The REAL Russian attack, selling US debt before it explodes, have too wonder?

Mainelion
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So who did Russia sell 85% of

So who did Russia sell 85% of their U.S. debt to? Certainly 85% of the treasury bonds they held didn't mature in the course of 2 months.

Mike G
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https://www.lewrockwell.com

https://www.lewrockwell.com/2018/07/no_author/russia-is-dumping-its-us-b...

Russia’s gold reserves rose to 1,944 tons as of June 2018, up from less than 500 tons just a decade ago. The holdings, amounting to over 17 percent of Russia’s total foreign reserves, were shored up in part by offloading some $77 billion worth of its US Treasury bills, bonds and notes over the last six months or so.

Mainelion
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Still doesn't explain who

Still doesn't explain who bought them. In order to "dump" them they need someone to buy them.

Mike G
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You might assume that someone

You might assume that someone selling tons of gold would take US treasuries as payment. They'd definitely take dollars, rubles, yuans etc, why not US bonds?

Mike G
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https://www.lewrockwell.com

https://www.lewrockwell.com/2018/08/tyler-durden/russia-explains-why-it-...

So to sum it all up, Russia liquidated its US Treasury holdings:

The rise of the mulipolar world – to send a geopolitical message to the world over US sanctions bullying;
Dedollarisation – to enable the redistribution of reserves in favor of gold; and
Preparation for a global reset – due to “the feeling of impending trouble in the world economy.”

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