Italian Police Seize $6 trillion of “Fake” U.S. T-bonds

That always could be a pretty good way of liquidating the national debt — repudiate the bonds as forgeries.

– Chris Powell

Potenza, Italy — Italian police said toay they had seized about $6 trillion of fake U.S. Treasury bonds in Switzerland, and issued arrest warrants for eight people accused of international fraud and other financial crimes.

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