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Five Major US Creditors Want Their Money Back

© Flickr / ctj71081 / Marriner S. Eccles Federal Reserve Board BuildingThe US Federal Reserve "is going to launch QE4 for the same reason they launched QE3, 2 and 1. They're going to try to stimulate the economy. Now that they stopped QE, the air is coming out of this bubble," says financial analyst Peter Schiff.
The US Federal Reserve is going to launch QE4 for the same reason they launched QE3, 2 and 1. They're going to try to stimulate the economy. Now that they stopped QE, the air is coming out of this bubble, says financial analyst Peter Schiff. - Sputnik International
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Five major purchasers of US debt have been selling US government bonds in a sign of a global economic slowdown spurred by China, according to figures just released by the Federal Reserve Board in Washington.

Gold bars and a Swiss Franc coin are seen in this illustration picture taken at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna November 7, 2014 - Sputnik International
Gold Repatriation From Federal Reserve Would Shatter US Economic Hegemony
The largest holder of US Treasuries, China shed $12.5 billion in American bonds in September with Japan selling a hefty $19.9 billion.

The Caribbean offshore companies dumped $7.2 billion, the OPEC countries — $1.9 billion and Brazil – $3.7 billion.

Russia slashed its holdings by a mere $0.8 billion to $89.1 billion after a seven-year record purchase of $21.4 billion in July and August.

In September Britain and India shed $8.9 billion and $2.1 billion in US bonds while the BRICS countries sold an equivalent of $18.9 billion.

These sell-offs were made up for by massive purchases by Ireland, Switzerland, Luxembourg, Singapore and a number of other creditors.

As a result, September saw foreign central banks buying 3 billion dollars’ worth of US Treasuries in the first such jump in five months bringing the total figure to just over $6.1 trillion.

Since January, large government purchasers of US debt have shed 115.3 billion dollars’ worth of US notes and bonds.

If this trend continues, 2015 will become the first time sovereign creditors have sold US Treasury bonds.

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