Another revelation on the Currency War,
This photo is provided by the Department of Treasury, it is a monthly report on the level of debt held by the USA. Please notice Russia is liquidating! It jumped down from 13 to 24. The Russians asked themselves, “The USA is placing sanctions against us, why are we lending them money?” In another 6 months it may not even be on the list.
Perhaps you remember the Rouble crash on November 2014?
Please notice in this chart that from April to November, Russia sold out only 8 billion dollars in Treasury Bills, but when the USA started to crash the Rouble, Russia started to liquidate the Treasury bills to keep the Rouble from dropping even further. From November to April 2015; Russia sold 42 billion in TBs.
This is just another short battle in the Currency War created by banks against states, which I have mentioned in my videos, Petrodollar Collapse, Part 1 and Part 2.
Before you go, please also notice that Brazil is actually the third purchaser of the TBs, however the Treasury combined four nations together to take the third place and 3 nations’ purchase together to be listed in the fourth place. I would surmise that an emerging nation (formally known as a third-world country) to be lending over a quarter of trillion dollars to the USA for no apparent reason.