Now, China can buy treasuries/bonds from the United States direct without paying commissions from the likes of big brokers such as JP Morgan. This is Tim Geithner’s way of bending over, because the American government is so bankrupt and need money from China fast, so I think that is why this plan has been put into place.
How the FIAT monetary system works and why it is collapsing. The government, banks and wall street do not want you to know about real money (gold & silver). As governments all around the world print more money (U.S, Europe) the value of the money / dollar becomes less and less.
The American Federal Debt is so big, that it can never be paid off. The United States have no choice but to go bankrupt and the U.S dollar will have to collapse. In 10 years, if not sooner American’s will be wiping their butts with the U.S dollar bill.
If you do not speak out, the governments in the United States will drive the nation into absolute collapse. Be prepared for more wars within the next decade.
