China Prints TRILLIONS to Save Failing Economy!
Economy | Information | History | Online | Facts | World | Global | Money
Where the TRUTH is EXPOSED and SCANDALS UNCOVERED: http://truth.themoneygps.com ******************************************************************** The Money GPS by David Quintieri featuring Bob Chapman, James Turk, and David Morgan. Look Inside the Book!: http://book.themoneygps.com My Free eBooks: FLUORIDE: http://fluoride.themoneygps.com GMO: http://gmo.themoneygps.com VACCINES: http://vaccines.themoneygps.com Join The Money GPS Insiders: http://themoneygps.com PREPARE for the COLLAPSE: http://amazon.themoneygps.com ******************************************************************** PBOC Wades Into Fiscal Waters as China Boosts Stimulus The U.S. had a total debt-to-GDP ratio of about 260 per cent by the end of last year, while the U.K.'s ratio was at 277 per cent. Japan topped the world table at 415 per cent relaxation of purchase restrictions, lower down payment requirements and easier access to local bank mortgages. Previously, the PBOC mainly relied on the adjustment of the reserve requirement ratio, re-lending, central bank bills and open market operations to adjust the money supply. "Now, with the introduction of PSL, the central bank will tend not to cut the reserve requirement ratio. Instead, it will be able to increase money supply by using this new tool China’s central bank has provided 1 trillion yuan ($171 billion) to China Development Bank (CDB) for re-lending to the reconstruction of shanty towns Sources: http://www.bloomberg.com/news/2014-07-06/pboc-wades-into-fiscal-waters-as-china-boosts-stimulus.html http://www.cnbc.com/id/101854344#. http://usa.chinadaily.com.cn/epaper/2014-05/29/content_17552217.htm http://europe.chinadaily.com.cn/business/2014-07/22/content_17880222.htm http://www.theaustralian.com.au/business/latest/china-central-bank-gives-cdb-1-trillion-yuan/story-e6frg90f-1226997156538?nk=44bebf8fa4bda448cfd426e78d58406e
Comments
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I think China didn't learn from history what happened to Germany.. When the germans print lots of money to pay their dept and it went back fired..
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its a big giant club and you ain't in it, GEORGE CARLIN
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GUYS GUYS GUYS this guy is so smart, he knows China is going down and the rest of the world isn't catching on.
Which makes you wonder, why is this guy making shitty youtube clips and not short selling to become the next george soros. -
United States does the same thing long ago, print money without endorsement.
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lol, you have no idea what you are talking about.
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I thought the ghost cities in China were reserved for those who survive the bombing from the possible US attacks. It makes no sense that the middle class cannot afford these properties and they are left empty. Seems like Chine & the US have made a deal, you scratch my back & I scratch yours i.e I bomb your country & you bomb mine. Make it look like a war but actually solve both countries problems. Too many people.
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You have very good videos thanks. -
thank you buddy gor your videos you are a champion
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At this point, China's currency reset (collapse) is a foregone conclusion as far as I'm concerned.
I'm still having issues though on how exactly their gold hoarding is going to affect their collapse (assuming they didn't buy tons of tungsten like Germany did).
Will their reset be harsh and long (a'la Zimbabwe) or will their reserves cushion the fall and allow them to recover quickly by adopting the gold standard?
Telling the future of the US on the other hand, is pretty easy... with ZERO reserves, our collapse is intended to bring us to parity with the rest of the Americas in preparation for the Amero, so our reset is going to be EXTREMELY painful no matter what.
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