Advertisement

Gold Telegraph: Debt Serves as a Temporary Jolt

0
379
Advertisement

Gold Telegraph 
@GoldTelegraph

Norinchukin Bank posts $5.8 billion loss. This is a major bank in Japan.

As reported months ago… The bank is looking to sell $63 billion of U.S. and European bonds.

Follow the trail…

Remember, the Bank of Japan owns more than half of all government bonds outstanding in Japan.

Read that again. There is a reason gold is nearing all-time highs in the country.

Auto loan delinquencies in the United States have now reached their highest level since 2010. You don’t hear about it much.

Japan and China are the two biggest holders of the US government debt in the world, and they have been dumping.

______________________________________________________

Advertisement

______________________________________________________

Who is buying? Tether.

Oh, I love the irony. The jokes write themselves; this is getting too easy.

Context:

BREAKING NEWS: EUROPEAN CENTRAL BANK IS WARNING THAT THE PROSPECT OF HIGHER TRADE TARIFFS INCREASES THE RISK OF DAMAGING SHOCKS TO THE GLOBAL ECONOMY AND THREATENS THE STABILITY OF THE FINANCIAL SYSTEM

Here we go again…

“Higher tariffs could have an adverse effect on global economic growth, inflation and asset prices, the central bank said…”

Source: https://www.wsj.com/articles/ecb-warns-of-financial-stability-threats-in-higher-trade-tariffs-possible-ai-bubble-b773e53e

______________________________________________________

Advertisement
______________________________________________________

Debt serves as a temporary jolt of prosperity at the expense of future generations. But what do you expect? Our world has morphed into an era of zero attention spans with the pursuit of easy fixes.

Never underestimate the power of stupidity when one sees money at the end of the stick.

Money can buy you many things, but it will never buy you three things:

1) Loyalty
2) Family
3) Happiness

The world continues to get dangerous, driven by a mix of greed and ignorance.

Source(s):
https://x.com/GoldTelegraph_/status/1859048196288258360
https://x.com/GoldTelegraph_/status/1859051598766379204
https://x.com/GoldTelegraph_/status/1859055533350691149
https://x.com/GoldTelegraph_/status/1859057319981572282
https://x.com/GoldTelegraph_/status/1859110544717828589
https://x.com/GoldTelegraph_/status/1859302878013272146
https://x.com/GoldTelegraph_/status/1859303503795015713
https://x.com/GoldTelegraph_/status/1859306380580225199
https://x.com/GoldTelegraph_/status/1859308900987895813

______________________________________________________

If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.

Copyright © Dinar Chronicles

Advertisement