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X22Report Central Banks Cut Rates 667 Times Since ’08 and Own $25 Trillion of Financial Assets – Episode 1058a

Thursday, August 25, 2016 18:02
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Central Banks Cut Rates 667 Times Since ’08 & Own $25 Trillion Of Financial Assets – Episode 1058a – YouTube

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Report date: 08.25.2016

Gold slammed down again. Subprime auto delinquencies surge.

Durable goods orders decline.

Capital goods shipments decline. Services PMI declines.

Central banks have cut the interest rate 667 times and have accumulated 25 trillion worth of financial assets, the system cannot be sustained in this manner.

More and more banks are joining a system that bypasses the dollar. The dollar as the reserve currency is doomed.

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