Rumors that China is telling its banks NOT to lend to the US
This was out there today... little effect , mostly the markets reacted to the ups and downs of the administartion's efforts to ratchet up the debt another trillion or so... or so.... or so... Beijing denied they told any banks not to lend to the US.... But... I have been saying for weeks that the lenders... Chinese etc etc are in the process of cutting us off. This is a very big deal... Why the financial media didnt focus more on this story is surprising It could be that such a thought really would mean financial armegedon. We are still moving towards "something"