So the Fed begins tapering in Dec citing an
improving economy....
"Citing an improving economy, the Federal Reserve announced Wednesday that it would begin gradually paring back an $85 billion-a-month bond-buying program aimed at stimulating growth."
It carried on tapering from Jan to April.......
Q1 GDP figures for Jan-March came in at -1%......
So we must assume Negative GDP is Now a reflection
of an improved economy or Tapering has nothing to do
with an improving economy or the Fed is FOS....
Since Dec during this tapering,the tiny country of
Belgium has bought over $141 billion in US bonds,
bringing its holding to $341 billion & has become
the third largest holder after China & Japan........
http://www.zerohedge.com/news/2014-05-15/russia-dumps-20-its-treasury-holdings-mystery-belgium-buyer-adds-another-whopping-40
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