China is bailing out companies, Gold Silver decreasing in price as dollar rises

264 views · Published 23 May 2016 · 11:45 · Indexed 1 November 2026

Channel: EverythingNewUnderThe Son · 2016 · Education

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China is bailing out companies with bad debt to prevent bankruptcies, all this does is push the problem down the road a little, kick the can. This is still bad debt and someone has to pay and that likely will be via a complete economic collapse. The US dollar is rising as well which means PMs are decreasing in price - good time to buy if you're into that!


http://www.zerohedge.com/news/2016-05-22/china-has-quietly-bailed-out-over-220-billion-bad-debt-past-2-months
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