Monday, November 09, 2015 11:49:05 AM
it's been 7 years, and not a peep out of anybody, that is very unusual unless some how some way, tepper and bonderman were made whole.
one more point on the subject, and I will go out on a limb here.
when all the chit was hitting the fan in 08, the one that got screwed the most was the chinese government. Probably a few of you now what I am talking about but most don't so I will briefly explain. China was buying up 95% of all the collateralized debt that was rated triple A, and all the big banks and investment entities like goldman, stern, lehman, jpm, citi, bofa etc.. were selling all the junk to china after standard and poors rated the synthetics triple A.
Once china figured out they were the real ponzi's they threatened the U.S. hard that they would devalue the U.S. dollar into the ground if they were not paid back and after 2 weeks or so all the threats went away. Rumor has it, the feds paid off all the bond offering at face plus interest to china ALL OFF BOOK. China never again mentioned the devaluing the dollar but now 7 years later china is cutting their own deals with other countries and not using the u.s. dollar as the trading currency. This is one of the hidden side effects caused by the jpm ect.. that will continue to hurt everyone in the u.s. for years to come.
I am not pro china in an means, I mean screwed in magnitude of how much they had invested in u.s. treasuries. you folks know how much I dislike the practices of jpm, my feelings for china and their currency manipulation and how they treat their people is even more disgusting.
all imo
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