Japan Reveals Record Dump of US Treasuries
The Heresy Financial Podcast - A podcast by Joseph Brown
Japan's Government Pension Investment Fund is the largest pension in the world, and they just made changes to their portfolio allocation. Specifically, they made a record cut in the amount allocated to US Treasuries, cutting from 47% to 35%. This is just one more example of what has been taking place all over the world for a few years now. The world is dumping dollars.