Hello --Lieber Friends,
The U.S.A. is suffering a 'Heat Wave' in Mid- America right now and you know that many will die of heat, and that is sad. Please go check on your elderly neighbors and make sure they have cool water and a fan! I have personally seen and been in some "Rehab Facilities" these past few years, recovering from knee surgeries and other serious accidents, so I can tell you the truth about how some places are a 'horror story' where old folks suffer, big time, and are even abused ! Some places don't even have Air Conditioning !! If I were the Judge and Jury, I would hang some of those lame, abusive staff members by their thumbs... etc. ! I got one lame, arrogant buffoon male R.N. fired, right before my own wife, Sharon L. Schuckman, passed away. I am not afraid to stand my ground, hire an attorney and legally remove bad people/ staff/ workers who don't do their jobs, neglect and abuse the patients who are forced to live in hot, humid, steamy, foul, institutions, who actually [mentally and Physically] --TORTURE the residents, and some of the slop they feed the residents is horrible, not even fit for animals !! Praise the Lord, that I have heat and A/ C, and good drinking water, and shower, in my humble abode way UP in the Great Northern Woods of MI. BTW,[by the way...] I am looking for a couple of empty 55 gallon steel drums to convert into something that might save my life this Winter, perhaps. I am only renting a huge house right now, and don't really know what the Lord has in mind for me.
That is why I ask many questions, and read/ study stuff like I am posting/ sending, today. I am not the Ostrich bird type that sticks their head in the ground.... LOL. [Laugh out Loud]. Smile. And of course the books of Psalms and Proverbs, in the KJV Bible, have many great, common sense explanations and suggestions/ and commands, that help us figure out things... and set us on the right path. Christians would want to SHARE the good things that they know, studied, discovered on their own, and help their friends and fellow man. That is what my father taught me to do, when we were living on the farm in Wisconsin. And of course the Army taught me lots of good things too, to survive.
I still recommend that smart, wise people invest in Precious Metals, at least some silver, copper, and maybe gold, etc. And Money Metals Exchange, is a great place to start investing your hard earned money, right now ! Their phone number is: 1-800-800-1864, and their Dow Jones symbol is: MMX. Please consider this great company, soon !
But we also want to be well rounded too, and procure some canned food stuffs, flour, sugar, wine, olive oil, etc., just in case some local or national emergency befalls us. I have been all over the world, and I think that Germany makes the very BEST Bier !! [BEER]. This is only my humble opinion. And Thailand has the 2nd best beer in the world.... and I've been there twice on R and R.... vacation.
Just think for a minute..... if our National Currency/ paper money $$$$$ --- sinks down in value, the way it did in Germany, after WW-1, [after the French went out of their way to hurt, humiliate and cripple Germany ---after the Allies [the USA, FOR THE MOST PART!] -- won that war....shame on the French!] -- what would YOU ALL DO ??? The Germans are good, smart, handsome, hard working people, generally speaking, and enjoyed a high standard of living before that happened ! They are, and were not the lazy sort, as some 3rd world, lazy countries that I will not mention here, today... but they believed and were taught to work hard for what they had --- to raise themselves up and study hard in school, to get good paying jobs that they could take pride in! Germany [DEUTSCHLAND] is where the first printing press was invented, and Diesel fuel was also invented there. There was a high literacy rate, and German Christians also shared the Bible and their solid Faith in other countries, and they also made great strides and discoveries in Medicine and the Arts/ Culture. I was stationed there in [Germany, in early 1968] the Fatherland for 6 months and enjoyed the food, beer and people a lot ! I could go on and on, but you get the picture, I hope. Germans compose about 20%- 25% of Americans in the U.S.A., and helped build our country strong, and with good hard work ethics and high morals. They assimilated into the American culture, helped to build our country and fought in our wars with distinction !! I studied the German language for a while, but am only proficient in English.... sorry. I also studied, Latin, French, some Spanish and Vietnamese.
Back at the ranch, I just want to explain and post/ share, that we can not continue 'to write out checks without putting enough money in the bank account', dear friends. But that is just what our respective Governments are doing right now. Unfortunately, I am not completely Prepared for the coming huge, highly destructive Financial/ Economic Storm that is coming.... but I am trying my best. Go figure: The day we die -- we will still have debts that someone else will have to pay ! We don't want to pass away with people saying that we were 'Free Loaders' and Thieves, who never worked a day in our lives. I was not raised that way, for sure, and my parents frowned on laziness, big time ! I worry about my pension running out too, because of Union stupidity and mismanagement... but I fear that might happen some day. Shame ! And the Union Paper leans toward the Liberal, Communistic ways and persuasions, and I know they will support and champion 'Crooked Hillary.' I would never vote for a criminal like her or her hubby, 'Slick Willy !' Seems like they are both coated with "Teflon", and no legal charges ever stick to her.... but someday God will judge them, I am sure. And the AG, and Mr. Obama, too.
I would encourage all good Germans and Americans to DEFEND their homeland against all enemies, foreign and domestic, against all Islamic rapists, disrespectful, violent, Jihadists, who demand and steal the hard earned money/ public funds while they refuse to WORK/ ARBEIT and destroy the grand old culture and Christian places of worship !! Not only Pray, but take positive action to rid our respective countries of this nasty, filthy, immoral heathen, Islamic invasion forced upon us --- breaking our Constitutional Laws and Statues!
I Liebe Jesus Christ, und das Heiligen Schrift.
Warm Regards, and Big Army Hugs,
I welcome all your positive letters, comments and emails, in English, please. And Prayers. Thank you!
I love well trained Rottweiler dogs !!
And that $200 trillion by the way, amounts to around 300% of the world’s GDP, and it’s still growing. Obviously this isn’t sustainable. If you had a credit card debt worth three times as much as your yearly salary, and it continued to grow year after year, you’d be bankrupt in no time.
At some point, these debts are going implode the global economy. It’s a certainty. The only question that remains, is when will this happen?
One of the signs that suggests this event is fast approaching, can be found in the way that governments are issuing their bonds, which are essentially debt contracts that can be bought by investors. Traditionally, a government or institution will sell bonds to an investor, with the promise that they will pay them a certain interest rate. After 10 or 20 years, the investor will get all of their money back in addition to the interest rate they’ve been accumulating. It’s basically a loan given to governments by investors.
But now governments are starting to issue bonds with negative interest rates. Imagine if a bank gave you a loan, but instead of having to pay an interest rate, the bank paid you. So after ten years a $100,000 loan may only cost you $99,000. Except in this case, you the bond buyer, are the bank.
Make sense? Of course not. You’d have to be crazy to make that deal. But that hasn’t stopped these negative interest yield bonds from becoming obscenely popular over the past couple of years.
Now it’s $13 trillion.Think about the implications of this. There are investors out there who are actually buying bonds that are guaranteed to lose them money if they sit on them. They are basically donating money to governments, so they can continue to operate. Who in the hell would ever make that deal?
That’s the total amount of government bonds in the world that have negative yields, according to calculations published last week by Bank of America Merrill Lynch.
Given that there were almost zero negative-yielding bonds just two years ago, the rise to $13 trillion is incredible.
In February 2015, the total amount of negative-yielding debt in the world was ‘only’ $3.6 trillion.
A year later in February 2016 it had nearly doubled to $7 trillion.
Now, just five months later, it has nearly doubled again to $13 trillion, up from $11.7 trillion just over two weeks ago.
Think about that: the total sum of negative-yielding debt in the world has increased in the last sixteen days alone by an amount that’s larger than the entire GDP of Russia.
The truth is that for some investors, buying negative yield bonds makes sense, albeit for horrible reasons that do not bode well for the future of the global economy.
These investors are basically betting that the economy is going to tank so badly that no investment will be safe, and that the governments who issue these bonds will still be standing when the dust settles to fulfill their bond contracts. They think that the safest investment, is not one that will earn them money, but one that will lose them the least amount of money, all things considered. Most Western governments have a stellar track record of paying back their bonds (though whether they’ll be able to in the near future is yet to be seen), so these investors figure that losing a little money on bonds is a better bet than any other asset, including stocks, real estate, or any entrepreneurial pursuit.
Can you imagine a world where literally everything is going to lose value? These investors view that as a possibility. They may even think that they can make money on these bonds when the economy tanks, because in a crisis, other investors may be willing to pay top dollar for the relative safety of these bonds.
And now we’re in bubble territory, because there’s no way that investors are going to buy these bonds indefinitely. Let’s be real now, they’re not safe at all. They only appear that way to people who think that the current state of affairs will go on forever, and that there’s no way their government could go bankrupt.
However, the fact that these negative bonds exist, means that governments are growing desperate to keep the lid on the debts they already have. The only reason why a government would issue negative yield bonds, is if they didn’t have enough money to pay the interest rates on the bonds they had issued before. They’re just hoping and praying that people will be dumb enough to buy them.
But once the trust is gone, and these investors realize that their governments are hopelessly broke, nobody will buy these bonds. And once that happens, these governments will be forced to admit that they can no longer manage their debt obligations. Not now, not tomorrow, and not in a million freaking years. And just like that, trillions of imaginary dollars will disappear from electronic spreadsheets all over the world.
Much like how the financial crash of 2008 started with the collapse of real estate in the United States, but eventually cascaded into a global disaster, the implosion of the global debt bomb will start small before burning everything to the ground. Major companies, municipalities, pensions, schools, and entire nations will go bankrupt, and John Q. Public will lose everything as well. They’ll lose everything, right when the institutions that provide essential services start to cut everything back. You can bet that the welfare state will be hollowed out as well, and suddenly millions of people will be hurled into a Darwinian state of affairs.
It’s going to be the most horrific disaster that any of us in the developed world have ever seen. It’s going to make 2008 look like a golden age. And not only is this event inevitable, it’s closer than you think.
Delivered by The Daily Sheeple
We encourage you to share and republish our reports, analyses, breaking news and videos (Click for details).
Contributed by Joshua Krause of The Daily Sheeple.
Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshua’s reports at Facebook or on his personal Twitter. Joshua’s website