It’s pretty clear there’s an incredible amount of risk in the system.
And in the future when we look back and say, “It should have been so obvious,” here are a few events that may become famous watershed moments:
1) The $75 billion loan
AB InBev just secured an astonishing $75 BILLION loan to buy rival SABMiller.
This is the biggest commercial loan in the history of the world, roughly equivalent to the GDP of Azerbaijan.
It’s incredible that anyone is able to borrow an amount like this, let alone at the low rate of just 1.1% above LIBOR.
It’s not a stretch to think that we may look back at this and say, ‘that was the top… what an obvious example of how much money central bankers have printed.’
2) The junk bond collapse
Back in 2013, the yield on ‘high yield corporate bonds’ aka junk bonds dipped below 5% for the first time in history.
It shouldn’t have taken a rocket scientist to figure out how absurd that was, but now that the trend is reversing and the junk bond market is stalling investors are losing their shirts.
One hedge fund that had invested heavily in junk bonds just suspended redemptions for its investors, something only really done in times of crisis.
This could be the historical watershed moment that signals the beginning of the end of our massive financial bubble.
3) The POPPY Loan [my favorite]
All by design, ‘from chaos comes order’, as in ‘new world’ order.
My friends the following short quote has as much or possibly more meaning than any words ever spoken by mankind regarding the world….”The love of money is the root of all evil.”
In addition we find absolute truth in the words of our Lord, Jesus the Christ, “No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon.”
And finally “For what shall it profit a man, if he shall gain the whole world, and lose his own soul?”
Too many trade worthless pieces of paper for their eternal soul and so it is with our country in these troubled days. We here it daily, ‘it’s the economy’ or ‘if elected I’ll make the economy better.’ It was never about dollars for many of us for we follow the word of God…”But seek ye first the kingdom of God, and his righteousness; and all these things shall be added unto you.”
Praise God form whom all blessings flow!!
out of chaos these evil sadistic madmen believe they will have a new order, but it wont go the way they want it. it will be shear hell for the ones who brought this upon our world.