Put your treasure in heaven

[ZNP]

Almost 50,000 under evacuation orders in Southern California because of chemical leak risk

California first responders race to prevent catastrophe amid chemical leak​

We have seen this repeatedly in places like California. For example a big forest fire burns down everyone's house, maybe the company responsible pays you back, maybe they don't. There is evidence that insurance companies knew the 9th ward in New Orleans would be wiped out in a flood (flood insurance cost them 33% of their appraised value of their house each year, as a result no one had flood insurance). The fire in Lahaina Hawaii is another example, where the rich houses like Oprah's were not harmed but everyone else burned to ashes.

Matthew 6:19 “Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. 20 But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. 21 For where your treasure is, there your heart will be also.

For most people their treasure is stored up in their house. It can be taken from you in a moment.

 

[ZNP]

Explains with very clear facts what the real situation is with the bond market which is what the entire global economy sits on. Think of the bond market as the wheels and axels of the car. Without them the car is kaput.

Reason 1: Inflation means that you have to raise bond yields, and when you owe 39 Trillion and have to roll a huge percent of that over each year becomes a major line on your budget.

Reason 2: China is no longer a buyer of US debt, but a seller. So we lose a major buyer and whoever they sell to is a second buyer that we lose as well.

Reason 2b: Japan is on the verge of bankruptcy. Look at their bond yield rates, it is going vertical.

Reason 3: Approximately half of our federal tax revenue goes to pay the interest on our debt. In addition to this think of the trillions of dollars in "promises" the government must keep (Medicare, Social Security, etc). The only way the government will take is to print more money = inflation.

 

[YouOnlyLiveTwice]

Anyone watching the Los Angeles election for Mayor this year?

 

[ZNP]

Good news! The Trump administration is addressing inflation which has made many bills seem obsolete. They are planning on coming out with a $250 bill to replace the Benjamins. Problem solved. Oh wait...

 

[Squigglylines]

Good news! The Trump administration is addressing inflation which has made many bills seem obsolete. They are planning on coming out with a $250 bill to replace the Benjamins. Problem solved. Oh wait...

Can you imagine how fast a cash register would need to be emptied if we still used ones, fives, tens, and twenties when we bought or groceries and filled our cars? It's a definite sign we are never going back to using hundred dollar bills when they start considering printing larger denominations to keep us from having to use wagons to carry enough to go to the grocery store.

 

[Texasgal]

Good news! The Trump administration is addressing inflation which has made many bills seem obsolete. They are planning on coming out with a $250 bill to replace the Benjamins. Problem solved. Oh wait...

Sounds like Germany in the 1920s.

 

[ZNP]

He makes a very good point, the collapse of the dollar includes the collapse of all assets priced in dollars.

Of course that does not include commodities. Gold, silver, wheat, these things have intrinsic value that is independent of the US dollar. But the stock market price is based on expected earnings over the next five years. Suppose I am a company whose earnings last year was $1 billion and after paying expenses the net profit was $50 million. The price of my stock is based on that $50 million, where 5% return might be considered OK, 10% return would be seen as great. If something were to happen where a new forecast would have me making 900 million with 0 profit then my stock would completely crater. A 10% decrease in projected earnings could result in a 50% drop in the stocks value.

One of the issues with inflation (which is the equivalent of "devaluing the US dollar", is that your expenses go up, while your sales go down). A 5% inflation could result in your costs going up by 5% while your sales going down by 5% wiping out projected profit. This is what is known as leverage, it is great when it works in your favor and terrible when you get your fingers caught in the door.

 

[ZNP]

On the flip side China is also bankrupt.

Citizens Risk Their Lives to Expose How China Fakes Its Economy: More Effort, Deeper Poverty

It used to be that the world's economy was likened to an airplane with two engines: the US and China. We are looking at both engines failing.

 

[ZNP]

Meanwhile Canada slips into recession

Canada's economy STUMBLES! OFFICIALLY enters into recession; Carney's 'political honeymoon' over?​

 

[ZNP]

And Australia will be hit extremely hard by what is happening in the Strait of Hormuz.

FINAL WARNING: This Is How Australia’s Economy Breaks (It’s Starting Now)​

 

[ZNP]

It’s Official: Europe’s Recession Has Begun

 

[ZNP]

And this is what the war is all about.

Can BRICS Replace The US Dollar? | The Global Money War Explained

Please note the 70th week, the 7 year tribulation, is prefigured in the Passover week when Jesus was crucified. That week began with Jesus flipping the tables of the moneychangers. If you replace the US dollar with gold backed security that would be the equivalent of "flipping the tables of the money changers"

Ask yourself why is Russia and Iran and China fighting this slow war? The answer is simple, they are draining the finances of the US. The only way the US can continue these fights is by borrowing huge sums of money, the more the US borrows the more the US dollar is devalued and so the more inflation we have and the more inflation we have the more people will run to the gold backed security and the more they do that the more the US dollar will be devalued so the US will have to borrow more...

 

[ZNP]

Meanwhile the more the oil fields from oil exporters are damaged the more inflation and famine we will have.

 

[ZNP]

Of course, Japan is the big issue

THIS EMERGENCY Move COULD Lead To THE US Economy COLLAPSING...​

 

[ZNP]

The Oil Market Is Breaking Down

 

[ZNP]

The Collapse of the US Dollar​

 

[ZNP]

OH SH*T! China is About to CRASH the Global Bond Market!​

 

[ZNP]

I am sharing this because it begins at this graph showing a $60 billion dump of US treasuries in March to buy oil. If that is what March looks like imagine what April and May look like. If these countries dump US treasuries to buy oil then the US will have to pay higher interest rates on their debt as they will be competing with other countries who are also selling our debt. Please note that 1% of 39 trillion is 390 billion. So higher interest rates are a really big chunk of our budget.

 

[ZNP]

I am sharing this because it begins at this graph showing a $60 billion dump of US treasuries in March to buy oil. If that is what March looks like imagine what April and May look like. If these countries dump US treasuries to buy oil then the US will have to pay higher interest rates on their debt as they will be competing with other countries who are also selling our debt. Please note that 1% of 39 trillion is 390 billion. So higher interest rates are a really big chunk of our budget.

A second point he makes is that if the US is going to raise interest rates to sell their debt then no one will want to hold the debt for long as its value is shrinking fast. This means the US will be forced to sell short term debt. If you are selling 10 year treasuries to pay your debt then you only need to sell a tenth of the debt each year. But if you are selling 1 year treasuries you have to sell the full $39 trillion each year. So in 2005 we increased our total debt by $553 billion. In 2010 we increased it by $1.5 trillion. In 2020 we increased it by $4.2 trillion. Now the average length to maturity for the US debt is 6 years, so we are talking about refinancing about $6.5 trillion per year at this point and that is if we do not incur any "new" debt. That would be hard to believe given this war and the coming inflation.

The one thing everyone agrees on is that we have a period of high inflation coming and people don't buy bonds during a period of high inflation. Land and gold and silver would be better investments as they will keep pace with inflation.

 

[ZNP]

Canada Just Sent A FATAL Warning To The World - Brace For Impact​