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Post by unlawflcombatnt on Sept 12, 2006 16:35:12 GMT -6
Below is a copy of total U.S. dollar reservers in 2006 held by foreign countries. The information comes from Wikipedia. Below is a copy from the Federal Reserve of foreign holdings of U.S. Treasuries.
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Post by lc on Sept 13, 2006 9:53:47 GMT -6
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Post by unlawflcombatnt on Sept 13, 2006 11:42:45 GMT -6
LC,
Did you happen to notice the huge increase in holdings by Great Britain (UK) since June 2005. Of the total increase in foreign Treasury holdings of $211 billion, $142 billion has come from purchases by Britain. Any idea what's going on there?
Is Britain trying to essentially peg its currency to ours? Are there some secret dealings between Blair & Bush? Are the British trying to help us finance the Iraq debacle?
Or could this be related to the often-proposed international bank cartel, which has its origins in Britain?
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Post by lc on Sept 13, 2006 14:30:33 GMT -6
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