Bailout Rumors, Settlement’s, More Bad Economic News-Drives Stocks Higher (Video)

YT Comment

Koobee Wublee
When the fed did the QE things under the criminal Bernanke, the world was in a deep recession, and all the other currencies under the basket of world reserve currency were of US vassal states. Now, the Chinese RMB occupies 11% with only 44% of national debt to GDP ratio and paying 4.3% interest rate. For comparison, the US dollar is backed up by close to 110% of national debt to GDP ratio and 0.25% interest rate. It is no brainer that over time the Chinese currency would dominate and threaten the petro dollar status enjoyed by the US dollar since the 70’s. I don’t think the fed would allow that to happen. So, I don’t expect any more QE and aggressive interest rate hike over the near future after the election. With that said, both China and US have close to 300% of private debt to GDP ratio, but defaults on private debt if not bailed out should increase the value of the currency involved due to depressionary pressure from destruction of money supply.

Sharing is caring!

Author Image

Gregory Mannarino

for those of you who do not know who I am or what I do, my name is Gregory Mannarino. I am an active/full time trader of the capital markets. I started my financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. I have published several books pertaining to finance, global economics, and equity trading. I have a 100% FREE 197 page eBook publication titled: "Ultimate Guide To Money And The Markets" available to anyone for download. I even published a book on casino blackjack strategies a long time ago. I hold a medical degree. I served in the United States Naval Reserve Medical Service Corps. Having attained the rank of Lieutenant. I have been (and continue to be) interviewed by some of the best in the business (Zero Hedge) (Greg Hunter USAWatchdog) (Alex Jones INFOWARS) (The Pete Santilli Show) (FutureMoney Trends) (Caravan To Midnight With John B Wells) (SGT Report) and many others. I have been published on virtually every financial site on the web., and I am very proud to say that I have many thousands of loyal followers worldwide. My newest project is called TRADEGAME, a FREE video series on how to trade options-click HERE.