Financial Survival Network

Summary: China and Japan are dumping dollars, and many countries that borrowed in dollars have had their expectations of US currency being cheaper turned upside down. I sit down and chat with John Rubino to discuss this phenomenon, and he contends that extreme volatility is going to make its way from the financial markets to the currency markets. Furthermore, the prospect of a technological totalitarian state is no longer a distant theory, and direct actions are being taken to get us there. Tune in for more valuable insight. Highlights: -China and Japan are dumping dollars. Their currencies are tanking due to massive inflation, and they’re running through foreign exchange reserves to prop their currency up -They’re selling US treasury paper -How long will this last? You eventually run out of dollars -The problem is that many countries borrowed in dollars because they expected for it to be cheaper and for the dollar to go down -We can expect extreme volatility making its way from the financial markets to the c