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ZERO HEDGE – It’s Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington

On Tuesday evening, we asked what would happen if emerging markets joined China in dumping US Treasurys. For months we’ve documented the PBoC’s liquidation of its vast stack of US paper. Back in July for instance, we noted that China had dumpeda record $143 billion in US Treasurys in three months via Belgium, leaving Goldman speechless for once. We followed all of this up this …

The Economy Has Not Recovered And Is Again On Its Way Down

The first quarter GDP will be negative unless the figure is again manipulated and faked. I am looking at two charts. One is the Federal Reserve Bank of Atlanta’s forecast. During the past 30 days, the Atlanta Fed’s forecast has dropped from 2.3% first quarter growth to 0.3 percent.https://www.frbatlanta.org/cqer/researchcq/gdpnow.cfm The other chart is the Blue Chip consensus. This is Wall …