The Greatest depression is coming, are you ready?
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They just admitted the financial COLLAPSE is here and they are hiding the reason | Redacted News
So let's cut to the chase.
Japan had held down its interest rates so that investors could borrow the money from the Japanese banks and then use the borrowed money to buy US Tbills at a higher interest rate, so it was like getting free money, which is why people kept buying US bonds.
However, this has caused Japan's yen to collapse and so they finally have raised interest rates. So then the only way the US can continue to get "investors" (that is a euphemism, the companies buying the bonds are mutual funds that American pensions are buying, the dumbest of all investors generally called saps) is to raise the interest rates on their bonds and if they do that our $1.5 trillion in interest payments to service our debt will increase dramatically. Which will start our run away problem where we need to borrow more money to pay the interest on the money which we have already borrowed. To make things worse no one is buying the ten or twenty year bonds. So we are financing our debt with six month, one year and two year bonds. Can you imagine having to refinance $35+ trillion every two years? If we can't sell $1.5 trillion in bonds how are we going to sell $17 trillion in bonds?
This is the roots of this malignant tree drying up.
So let's cut to the chase.
Japan had held down its interest rates so that investors could borrow the money from the Japanese banks and then use the borrowed money to buy US Tbills at a higher interest rate, so it was like getting free money, which is why people kept buying US bonds.
However, this has caused Japan's yen to collapse and so they finally have raised interest rates. So then the only way the US can continue to get "investors" (that is a euphemism, the companies buying the bonds are mutual funds that American pensions are buying, the dumbest of all investors generally called saps) is to raise the interest rates on their bonds and if they do that our $1.5 trillion in interest payments to service our debt will increase dramatically. Which will start our run away problem where we need to borrow more money to pay the interest on the money which we have already borrowed. To make things worse no one is buying the ten or twenty year bonds. So we are financing our debt with six month, one year and two year bonds. Can you imagine having to refinance $35+ trillion every two years? If we can't sell $1.5 trillion in bonds how are we going to sell $17 trillion in bonds?
This is the roots of this malignant tree drying up.
Uh oh
Michael Burry Raises Alibaba Stake, Cuts Stock Portfolio in Half
https://finance.yahoo.com/news/michael-burry-raises-alibaba-stake-192206804.html
Michael Burry Raises Alibaba Stake, Cuts Stock Portfolio in Half
https://finance.yahoo.com/news/michael-burry-raises-alibaba-stake-192206804.html
Perfect timing
Paramount Starts Cutting 15 Percent of US Workforce
Paramount has launched its workforce-reduction plan, cutting 15 percent of US staff to save $500 million amid industry challenges.
https://www.theepochtimes.com/busin...oReport&src_src=partner&src_cmp=BonginoReport
At least they waited until they had the new deadly pandemic released so that the layoffs would not impact unemployment. Nothing like a deadly pandemic and a compromised immune system from the vaccines to deal with the unemployment caused by AI. Problem Solved.
Paramount Starts Cutting 15 Percent of US Workforce
Paramount has launched its workforce-reduction plan, cutting 15 percent of US staff to save $500 million amid industry challenges.
https://www.theepochtimes.com/busin...oReport&src_src=partner&src_cmp=BonginoReport
At least they waited until they had the new deadly pandemic released so that the layoffs would not impact unemployment. Nothing like a deadly pandemic and a compromised immune system from the vaccines to deal with the unemployment caused by AI. Problem Solved.
You know how best to prepare? Let every day be a Come my Lord, come quickly thought.
Being in the world and not of it is difficult.
Let us all try to take thought for the day we are in.. For we have no power. Destiny awaits us all.
None of us can guarantee tomorrow.. if the sun be darkened and the moon red.. be found Faithful. Rich, poor, sick or in health.. all you can offer up is your Faithfulness. The Almighty could end it all.. and so does cut short.. for man is mortal and corrupt.
No political system or person is going to save us.. it is merely a means to the end.. We have been conditioned to fear(a fearful public is easily controlled) but may those fears be relieved through GOD’s Grace.
The story of life.. be found in the Book of life. .. may it be so.
There is an evil agenda.. posing as saving the planet! Christians should know that there is a New Heaven and Earth prepared.
Glory to the Almighty GOD. May our King of Kings come quickly.
Being in the world and not of it is difficult.
Let us all try to take thought for the day we are in.. For we have no power. Destiny awaits us all.
None of us can guarantee tomorrow.. if the sun be darkened and the moon red.. be found Faithful. Rich, poor, sick or in health.. all you can offer up is your Faithfulness. The Almighty could end it all.. and so does cut short.. for man is mortal and corrupt.
No political system or person is going to save us.. it is merely a means to the end.. We have been conditioned to fear(a fearful public is easily controlled) but may those fears be relieved through GOD’s Grace.
The story of life.. be found in the Book of life. .. may it be so.
There is an evil agenda.. posing as saving the planet! Christians should know that there is a New Heaven and Earth prepared.
Glory to the Almighty GOD. May our King of Kings come quickly.
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mornin' @loveme1
Yes, those so deeply concerned with the things of this world and so caught up with the things of this world, are most likely of this world. Our eyes are not set on what Abraham's eyes were looking to see.
This world is destined for the trash heap, and it may not be more than a generation of two away, if that. No one knows what day the Lord will return. But what he has told us and explained to us is that it's going to be a really bad place when he does. Now, that's not going to just happen overnight. Like, I'm going to get those who are my Father's tomorrow, so let's start letting the world fall apart. No, no. It will be an inexorable increasing of sin and the hurt, anger and pain that growing sin creates.
What our Father has asked us to do is to tell them about Jesus. Always tell them about Jesus. Never tire in telling them the truth of God's salvation offered through His Son, Jesus. Then we can let the Holy Spirit do the work that he is commissioned to do. Convict each of those in whom he dwells of both sin and righteousness. Praise God! His plan is perfect as He is perfect. Selah!
However, in the operation of the government under which I live, I will vote for the choice that seems right to me. And I believe, because I feel no soul discomfort over it, that the Holy Spirit is in agreement in that regards. The Holy Spirit knows what our government is for and about. He knows all that God knows.
“She’s had the best of two worlds,” says her longtime pastor, the Rev. Amos Brown, who leads Third Baptist Church in San Francisco.
Imagine that VP Harris is a practicing Baptist. She has, or at least practices, a faith that is likely much like others on these boards. Does that make her perfect? Well, no more than any of us are. But she has a faith and a knowledge of the very same God that many of us on this site practice and participate with.
vs.
Trump: 'Why Do I Have to Repent or Ask for Forgiveness If I Am Not Making Mistakes?' (Video) | Politics (christianpost.com)
I honestly don't get it. How anyone can believe in their heart that the author of those words is God's choice for them to choose.
God bless, oh, and vote wisely folks
Ted
Yes, those so deeply concerned with the things of this world and so caught up with the things of this world, are most likely of this world. Our eyes are not set on what Abraham's eyes were looking to see.
This world is destined for the trash heap, and it may not be more than a generation of two away, if that. No one knows what day the Lord will return. But what he has told us and explained to us is that it's going to be a really bad place when he does. Now, that's not going to just happen overnight. Like, I'm going to get those who are my Father's tomorrow, so let's start letting the world fall apart. No, no. It will be an inexorable increasing of sin and the hurt, anger and pain that growing sin creates.
What our Father has asked us to do is to tell them about Jesus. Always tell them about Jesus. Never tire in telling them the truth of God's salvation offered through His Son, Jesus. Then we can let the Holy Spirit do the work that he is commissioned to do. Convict each of those in whom he dwells of both sin and righteousness. Praise God! His plan is perfect as He is perfect. Selah!
However, in the operation of the government under which I live, I will vote for the choice that seems right to me. And I believe, because I feel no soul discomfort over it, that the Holy Spirit is in agreement in that regards. The Holy Spirit knows what our government is for and about. He knows all that God knows.
“She’s had the best of two worlds,” says her longtime pastor, the Rev. Amos Brown, who leads Third Baptist Church in San Francisco.
Imagine that VP Harris is a practicing Baptist. She has, or at least practices, a faith that is likely much like others on these boards. Does that make her perfect? Well, no more than any of us are. But she has a faith and a knowledge of the very same God that many of us on this site practice and participate with.
vs.
Trump: 'Why Do I Have to Repent or Ask for Forgiveness If I Am Not Making Mistakes?' (Video) | Politics (christianpost.com)
I honestly don't get it. How anyone can believe in their heart that the author of those words is God's choice for them to choose.
God bless, oh, and vote wisely folks
Ted
I'm old enough to remember when, after Obama was first elected, all the predictions were made about how the US dollar would collapse, the economy would crash, chaos would ensue, and conservatives/Christians would be rounded up and put onto FEMA camps.
Obviously none of that happened, yet few (if any) of the doomsayers apologized for being so shockingly wrong.
I personally hope we Christians learned from that and will be more careful about crying wolf so often, because it certainly doesn't help attract folks to our faith and churches.
Obviously none of that happened, yet few (if any) of the doomsayers apologized for being so shockingly wrong.
I personally hope we Christians learned from that and will be more careful about crying wolf so often, because it certainly doesn't help attract folks to our faith and churches.
The Price of Gold is probably the single best measure of inflation for the US dollar. An ounce of gold now costs 47% more than it did when Biden became president (Feb 1, 2021).
Real Inflation under Biden = 47%
I talked to someone who understood inflation was bad for his parishioners but the church's investment was up 20%. You need to be up 47% over the last 3+ years just to be treading water. Inflation is a thief in the night, it is stealing money from every single account in the country.
When asked about this Biden said his economic policies were working!
Real Inflation under Biden = 47%
I talked to someone who understood inflation was bad for his parishioners but the church's investment was up 20%. You need to be up 47% over the last 3+ years just to be treading water. Inflation is a thief in the night, it is stealing money from every single account in the country.
When asked about this Biden said his economic policies were working!