Developed Market DEBT Bond Yields Crash To Record Lows ~ Monday June 27, 2016: 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.
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.”
- ZIONIST FEDERAL RESERVE PARALYZED & IRRELEVANT: NWO’S DESPERATE PANIC OF BRIBE OR THE BULLET
- CIVIL UPRISING ESCALATES AGAINST ROTHSCHILD’S CITY OF LONDON AS 8TH EU NATION THREATENS REFERENDUM
U.S. Jobs Growth A Horrible Miss, Worst in Five Years: May Jobs Report Takes June Rate Hike Off The Table
June 3, 2016
All the FED’s horses and all the FED’s men couldn’t put this fiat bubble back together again!
Unfortunate as it is, it has become a common theme for me to write about the slow death of the Western economy. Sadly, the truth cannot and should not be ignored; rather, it should be acknowledged so that we can hopefully divert this disaster or at least prepare for its coming.
Recently the FED has been up to its old tricks once again, jawboning and pandering to Wall Street as they state all is well in the economy and that things are improving. What malarkey!
Once again, this has been proven to be false, as evidenced in the most recent jobs report, which was a monumental miss.
- Iceland Follows President Jefferson’s Warning About Debt Load
- Every Icelander To Get Paid In Bank Sale: 26 Bankers Behind Bars!
If we could just get consumers to borrow more, so that they spend money they don’t have on things they don’t need, in order to boost GDP and corporate profits, all would be fine.
That’s the current meme among [keynesian] economists.
Since 68.5% of US GDP is related to personal consumption expenditures, boosting consumer spending is seen as crucial. Since wages at the lower 75% are crummy and have not been rising enough to keep up with inflation, the only other way to prod consumers into spending more is to bamboozle them into borrowing more and blowing this moolah instantly.
Cutting interest rates to zero was supposed to have helped that noble process (though consumers see those zero-rates inexplicably only on their savings and not on their debts).
So that process of growing GDP by loading up consumers with debt, which worked for decades, has stalled:
- Shanghai Shock April 19, 2016: Yuan Based Gold Standard.
- Mobs of Angry Investors Fight Market Rigging, Maul Deutsche Bank in Class-Action Lawsuit, other Banks Next
Another Bankster Bites The Dust: Ireland Indicts And Extradites Elite Bankster From United States For Role In The 2008 Derivative Financial Crisis
Boston, MA — A former head of a major Irish bank has been extradited from the U.S. and brought before Dublin District Court to face several charges stemming from the bank’s role in the 2008 financial crisis.
David Drumm, former chief executive of Irish Anglo Bank from 2005 until 2008, had been arrested in Boston in October 2015, and originally attempted to fight extradition — but he recently withdrew the objection and was returned to Ireland early on Monday.
Drumm faces 33 charges in Ireland, which echoes Iceland’s unprecedented move to hold its bankers criminally accountable for their role in that country’s economic meltdown.
- Last Lap Dance For Rothschild: Iceland’s Viking Victory Over The Matrix Banksters!
- France: Entire Swiss Branch Of Rothschild’s Banking Empire Under Criminal Investigation Following David De Rothschild Conspiracy Indictment.