Brexit Was Only The Symptom… Debt Was The Diagnosis

 ~ How Did You Learn Our Language?

I Listened ~

Obscure Language becomes clearer and clearer in 13th. Warrior.

evelyn rothschild koolaid 2
Rothschild’s  Kool-Aid Rothschild’s Choice

In the last year, developed market bond yields have been cut in half with the last 2 days seeing a safe-haven flight that crashed yields to a new record low.

With UK Gilts 10Y under 1% for the first time, Bunds crashing to record lows, Treasuries back below 1.50%, and JGBs smashed -22bps.

With peripheral bond risk spiking and default risk surging, amid ratings downgrades, as Bloomberg’s Mark Cudmore notes, “gilts may prove worthy of their name, offering a superficial coating of reward that masks significant threat.”

Global bond yields hit record lows…

BULLSHITTING AMERICA WITH DEBT.
BULLSHITTING AMERICA WITH DEBT.

With flows to safety everywhere (though note some selling in JGBs as Nikkei miraculously bounced overnight)

WORLD BONDS 6272016

Brexit was only the symptom… Debt was the diagnosis.

  1. YES, ‘THEY’ TIED YOUR LEGITIMATE RETIREMENT PENSIONS TO THEIR DERIVATIVE FIAT DEBT SCHEME WHICH IS NOW IMPLODING UNDER ITS “OWN WEIGHT”.
  2. Glass Steagall reed weill greenspan rubin
    The Pieces Of Shit That Usurped FDR’s Glass Steagall Act For Repeal In 1999 By Alabama Redneck Billy Clinton.
  3. THIS IS YOUR RETIREMENT THAT  YOU WORKED ALL YOUR LIFE FOR ~ THIS WAS ORCHESTRATED BY ALAN GREENSPAN, BILLY CLINTON, LARRY SUMMERS, ROBERT RUBIN, JOHN REED, & SANDY WEILL. The Brexit Psyop: Alan Greenspan {Keynesian Czar For Rothschild} Falsely Blames the Brits for the Crash and Chaos to Follow.
  4. THIS NWO CONSPIRACY CULMINATED IN THE YEAR 1999 WHEN BILLY CLINTON ACTING AS PRESIDENT NULLIFIED FDR’S GLASS STEAGALL ACT WITH HIS SIGNATURE.
  5. THE GLASS STEAGALL ACT RESTRAINED THE NWO BANKING CABAL FROM USING CASINO ACTIVITY THAT LEVERAGED AGAINST EACH AMERICAN’S SAVINGS ACCOUNT.
  6. THIS DEBT WAS DEVISED FOR EVERY CITIZEN OF THE WORLD TO PAY THROUGH THE CHANNELS OF HIDDEN & OBSCURED DECEPTION.
Iceland Islandsibanki ~ Bank Was Sold and proceeds given to Islanders.
Iceland Islandsibanki ~ Bank Was Sold and proceeds given to Islanders.
  1. ICELAND FOLLOWS PRESIDENT JEFFERSON’S WARNING ABOUT DEBT LOAD.
  2. ICELAND JAILS BANKERS, ERASES CITIZENS’ DEBT, RECOVERS STRONGLY: NO MORE BANKS!
  3. TO HELL WITH THE ROTHSCHILD FINANCIAL COLLAPSE: NULLIFY THE DEBT LIKE ICELAND AND BRING THEM TO JUSTICE!

1913 tax federal reserve

But as Bloomberg’s Mark Cudmore notes, while U.K. gilts were a shining beacon for haven flows on Friday [June 24, 2016], rather than being a risk-free product for uncertain times, gilts may prove worthy of their name, offering a superficial coating of reward that masks significant threat.

  1. Ten-year U.K. yields fell 29 basis points to 1.086% on Friday, wiping off about 1/5 of their annual return in a day and taking the rate to its lowest level since at least 1989
  2. Not only are gilts perceived as a liquid haven asset, but there’s a strong belief that the Bank of England will be forced to cut interest rates to support the economy
  3. That logic might justify the move seen in the front-end –- 2-year gilts paid 27 basis points at the end of Friday, about half what they offered before counting in the referendum began — but at the long-end, all the risks appear to be for yields to go higher from here
  4. These bonds attracted haven demand even as S&P, Moody’s and Fitch warned Friday that they’re likely to cut the U.K.’s credit rating. Such negative action is increasingly probable and imminent while domestic political turmoil persists
  5. Not only will this hit demand for gilts but, for as long as uncertainty around the U.K.’s future persists, money is likely to flow out of the country. On Friday, that money moved from riskier assets such as equities to sovereign bonds -– the next step will be taking that cash out of the country entirely. Hence, some of the gilt demand may just have been a temporary step on the way to the exit
  6. Bank of England [Rothschild Owned] rate cuts may seem the most likely monetary action -– but if the pound continues to weaken there’s a not- insignificant risk that rates will be raised to defend the currency. At the very least, a depreciating sterling may reduce the ability and/or need for lower borrowing costs
  7. And if a full Brexit becomes certain, then concern over the country’s large structural current account deficit will intensify, putting further upward pressure on rates
  8. Panicked markets cause price-distortions and provide opportunities. The risk-reward ratio of long-end gilts may now be skewed very far one way

So just like US Treasuries in 2011, Gilts have rallied in a post-downgrade review world..

bonds 6272016

ZeroHedge

bank

EUROPE WILL COLLAPSE FIRST, “EVERYTHING ELSE” WILL FOLLOW

Viking gif

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FATHER OF THE U.S. FINANCIAL DEBACLE: ALABAMA REDNECK BILLY CLINTON ALLOWED THE BANKS TO MANIPULATE THE MARKETS BEGINNING IN 1999

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