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Friday, 18 October 2013

Chinese agency downgrades US credit rating

Posted on 08:59 by Unknown
China is slowly revealing both its attitude and hand towards the US.

China is both buying substantial Gold holdings and recovering its old Dynasty assets across Asia. Vast holdings.

Chinese Elders are now behind long ranging policy discussions in London. Gold will come to London as China's base assets behind the Yuan. It will replace the US Petro Dollar.


That alone will collapse the US House of Cards. The end is already being planned.

China IS prepared to GOLD BACK a new US Dollar. For that, their price will be the Chinese Ownership of the Fed, clean of all its century of escalating Cabal and Ponzi Fiat money Debts, which will be passed back to the Rothschild's and co Conspirators to choke to death on.

The revenge of the"Coolies" is coming home.

The US Is being annexed from Asia.

The US is being annexed from South America who are furious over the spying games and US ordered unlawful detention of a Presidents plane. Anger and hatred has resulted.

Putin has faced down America over Syria. Russia is now selling Arms to South America. Russia and China are planning vast long term Trade expansion together. America is being annexed everywhere.

The British Parliament overturned their own Prime Ministers support for US led action over Syria.

Most of Europe is sick of US Intervention. Swiss banks are mass closing US accounts. No one wants the mess and hype of dealing with Americans or aggressive US State demands.

China has a solid, Manufacturing based economy. China and Russia now combine on Military R& D and have a non aggression pact. They now train together for war with the US.

When the Bankrupt US collapses, which is only time, the price to rescue a nation of scuttled Bums will be high. A Purge will be implemented and havoc will wreak its revenge. See how the Zionists handle the FEMA Gulags which they will be mass filling when the time comes. Russia and China will not forgive. Collapse is Obamas Legacy, created by Bush and Zionist treachery.


 
A teller counts US dollars and Chinese 100-yuan notes at a bank in Hefei, east China's Anhui province on January 16, 2011

France 24
17 October 2013

AFP - A Chinese ratings agency downgraded its US sovereign credit rating Thursday despite Washington's resolution of the debt ceiling deadlock, warning that fundamentals for a potential default remained "unchanged".

Dagong lowered its ratings for US local and foreign currency credit from A to A-, maintaining a negative outlook, the agency said in a statement.



The announcement came after the US Congress passed and President Barack Obama signed a bill that extends the nation's borrowing authority and ends a two-week government shutdown.

"The fundamental situation that the debt growth rate significantly outpaces that of fiscal income and gross domestic product remains unchanged," Dagong said in the statement, adding Washington's solvency was vulnerable as old debts were still repaid through raising new debts.

"Hence the government is still approaching the verge of default crisis, a situation that cannot be substantially alleviated in the foreseeable future," it said.

Dagong made headlines in August 2011 when it lowered its main rating for US sovereign debt after Congress passed an earlier bill to raise Washington's debt ceiling.

The agency, which is far less prominent than long-established Western competitors including Moody's, Fitch and Standard and Poor's, has been working to further raise its profile.

China's official news agency Xinhua said Thursday in a bylined commentary that US politicians had held the rest of the world hostage in the crisis.

But Beijing welcomed the agreement, saying it will contribute to global economic stability.


original article found here

Even if All rating agencies are complicit and created by the same banksters, I believe China is shouting to whole world " We are taking over"

~ Thanks to Weslely
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