- Published on Aug 27, 2015
Tspiras said he underestimated the power of money. The power of the central bank. Greek pension funds are in danger the central bankers are getting ready to tap the funds. Canada is heading into a recession as new vehicles sales collapse. China begins dumping the treasury bonds to pump of the economy and market. If the emerging countries started to dump the treasuries the FED would have to print like crazy. China comes out and says they are not responsible for the crash. Baltic dry index falls again, 100% lower than in 2008. Pending home sales miss, the housing market is heading to a complete collapse. The US Government / Central bankers just manipulated the GDP number by using double seasonally adjusted calculations. CBO confirms debt cannot be sustained.