Did the Japanese Try to Dump $135 BILLION in US Bonds on the Black Market?
The most important and tantalizing financial story that you have not heard.
Update: sources now say they were forgeries. That would be good news.
UPDATE TO THE UPDATE: Our government lies to us constantly. It now appears that the two Japanese caught trying to smuggle 134 BILLION dollars in Treasury Bonds in a suitcase with a fake bottom have been released. IF they were forgeries, why release the men who smuggled them in? The only reasonably explanation is that some government- likely Japan, has lost confidence in the dollar and is trying to get rid of as much of their pile of dollar-denominated assets as possible without notice.
Update: sources now say they were forgeries. That would be good news.
UPDATE TO THE UPDATE: Our government lies to us constantly. It now appears that the two Japanese caught trying to smuggle 134 BILLION dollars in Treasury Bonds in a suitcase with a fake bottom have been released. IF they were forgeries, why release the men who smuggled them in? The only reasonably explanation is that some government- likely Japan, has lost confidence in the dollar and is trying to get rid of as much of their pile of dollar-denominated assets as possible without notice.
posted by Mark Moore (Moderator) at Tuesday, June 16, 2009
1 Comments:
This story keeps getting more bizarre:
http://www.ft.com/cms/s/0/82091ec2-5c2f-11de-aea3-00144feabdc0.html
They released the perps. They don't know their whereabouts. They didn't event check the identities with the Japanese.
This is bungling stage performance is what a poorly executed multi-national cover-up looks like.
Post a Comment
<< Home