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Fed Could Up QE To $1 Trillion Per Month! Alan Greenspan Admits: “The System Is BROKEN”! Wealthy Could Lose Big If Fed Stops Money Flow! Foreigners Are Selling U.S. Assets!
Marc Faber, publisher of The Gloom, Boom & Doom Report, told CNBC on Monday that investors
are asking the wrong question about when the Federal Reserve will taper its massive bond-buying program. They should be asking when the central bank will be increasing it, he argued.
“The question is not tapering. The question is at what point will they increase the asset purchases to say $150 [billion] , $200 [billion], a trillion dollars a month,” Faber said in a “Squawk Box” interview.
The Fed—which is currently buying $85 billion worth of bonds every month—will hold its October meeting next week to deliberate the future of its asset purchases known as quantitative easing.
http://www.cnbc.com/id/101127962
Wealthy could lose big if Fed stops money flow
http://www.cnbc.com/id/101128969
Foreigners Sold U.S. Assets as China Reduces Treasuries
http://www.bloomberg.com/news/2013-10-22/foreigners-sold-u-s-assets-as-china-reduces-treasuries.html
Singapore Inks Direct Currency Trade, RQFII Quota With China
Another One Trillion Dollars ($1,000,000,000,000) In Debt
Did you know that the U.S. national debt has increased by more than a trillion dollars in just over 12 months?
On September 30th, 2012 the U.S. national debt was sitting at $16,066,241,407,385.89.
Today, it is up to $17,075,590,107,963.57.
These numbers come directly from official U.S. government websites and can easily be verified.
Read more at http://investmentwatchblog.com
