Comments by "" (@billyandrew) on "Newsthink"
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Totally different story, in 2008, when the US borrowed from China to drag itself out of recession.
The repayment, at the London Bullion Exchange, in 2019 was a farce.
China, as was their right, requested four 40 Troy oz bars be drawn at random, then assayed, so they were.
Turned out to be gold plated tungsten!
Seems the US had commissioned 625,000 of these bars, which were destined for Fort Knox, but had 'accidently' gotten mixed up in the consignment intended to repay the loan from China.
Strangely, one of these bars turned up in Germany in 2020.
Back at the Exchange, the Chinese party (unusually for them) laughed in the faces of the US party, then informed them they had been instructed, ahead of the meeting, to await the assay result, then announce the debt was being written off.
It's as if China foresaw the intended scam and went along with it, just so they could expose it and laugh in the face of the US.
No announcements were made in msn, concerning the debt being written off.
Makes you wonder where all that cash ended up, but it certainly wasn't in the purse of the US public, that's for sure!
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