The effects of a coordinated bond sell off by China and Russia would be earth shattering. This would be the financial equivalent of a nuclear bomb being dropped. It is no exaggeration to say that such a move would mark the end of an era. You would think that this would prompt some serious reflection and that diplomats would be scrambling to resolve this peacefully, but instead today Obama signed a sanction order anyway and revoked the visas of a number of Russian officials. (Now Obama will have a great excuse to who to blame by the next US dollar collapse: Russia & China...a real dangerous stupid move)
Posted on: Fri, 07 Mar 2014 12:12:10 +0000
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