Immediate Solution To Debt Crisis Found: Italian police seize $6 trillion of fake U.S. bonds
What started off as a harmless Mafia loan-sharking investigation turned into a rather profitable seizure of $6 trillion worth of forged US Treasury bonds on Friday. Oddly enough, no rally in the treasury market as a result. US officials confirmed that the bonds were not just a misplaced QE 3 and QE 4. “It began as a investigation into mafia loan-sharking, but gradually expanded as prosecutors used telephone and computer intercepts to unearth evidence of illegal activity surrounding Treasury bonds. The fake securities, worth more than a third of U.S. national debt, were seized in January from a Swiss trust … Read more