There may actually be a confirmation that we are heading into a much colder climate. The Aurora Borealis, also known as the Northern Lights, can now be seen in the UK. Normally, the Northern Lights can be seen only extremely north as in Alaska. Sir Edmund Halley (1656 – 1742), the man who discovered Halley’s Comet, […]

  Unusual Snowfall in February 2018 that Reached Down to Rome COMMENT #1: Mr. Armstrong; It was snow flurries here in Rome already. This looks like a bitterly cold winter this year as you said. Roberto COMMENT #2: Marty; I live just down the street from your old place in Kensington. It is snowing already. […]

COMMENT: Mr. Armstrong; there are just people who refuse to believe that global warming is wrong. When there are cold spells like that here in Australia, they argue there are equally a number of warm spots. They are leading us down the tubes. They will not yield and even consider that they are wrong and […]

  Canada’s last commodity exchange is closing. The Winnipeg Grain Exchange, which was established in 1887, will shut down for good after its owner transfers the bourse’s only remaining futures contract to New York. It is ironic that when a decision like this is made, it is often a sign of a major change in […]

COMMENT: I have been following your blogs for the past two years and have attended the past two WECs. I read with interest your continued comments on CALPERS and its pension mismanagement. I’m an attorney advisor and a client disclosed a few months ago that they had purchased $1m in municipal debt on the recommendation […]

Dr. David Evans of the Australian Greenhouse Office says the mathematical model used by the United Nations is simply wrong. The underlying physics of the model is correct, but it has been applied incorrectly. Dr. Evans states that the climate’s sensitivity to carbon dioxide (CO2) is far lower, and at best, accounts for only 20% of any claimed […]

The global warming pseudo-scientists are desperately trying to keep their funding. Now these con artists are trying to claim that that the oceans’ surface water is cooling and below the water is warming. Those who stop driving to work, opting to walk or ride a bicycle instead, are perhaps speaking at least of what they […]

The German economy has experienced contraction (shrinking) in recent quarters, which is alarming given that it is nearly 25% of the entire EU GDP. Between the COVID lockdowns, then the Climate Change and NET ZERO regulations, on top of that, the Russian sanctions to cut off energy purchases, the most crucial economy within Europe has been sabotaged by the politicians who are mindless and lack any understanding of how the world economy functions, not to mention their own. The sanctions on Russia have not led to the collapse of Russia or the desired regime change to punish the Russian people and force them to rise and overthrow their government. That theory of the Neocons has NEVER worked even once.

Then add the migrant crisis. German Chancellor Merkel opened the floodgates to save her reputation for refusing to help Greece during their 2010 default crisis. Now, with the Middle East heading into war, and the global economic recession exacerbating religious friction, the future does not look so bright and prosperous. The Germans have adopted a war posture and are pushing to increase military spending while abandoning their austerity policy. The German economy is no longer the conservative safe haven of the past. Germany is in trouble, as the combination of these policies has resulted in rising civil unrest, the rise of the AfD, and declining economic growth—a recipe for disaster.

This is an important report on the future of Europe

This is the first installment for our Institutional Clients concerning the two countries at the greatest risk of DEFAULT - Japan and Germany. We have provided the forecast for Japan's default and explained in detail the internal battle between the Government, the Bank of Japan, and the Private Sector. This report exposes the truth about who holds what and the threat to instability as Japan also tries to cozy up close to NATO as a diversion for its fiscal mismanagement.

Investors have long fretted about the sustainability of Japan’s government debt as other nations, including Germany, are facing unsustainable fiscal mismanagement across the developed world. Japan has garnered the most attention due to its highest debt load relative to economic output and the heaviest debt-service burden. At the same time, the excuse has been that they are mostly self-funded, and as such, appearances are deceptive. Still, all Western nations are on a collision course with a sovereign debt crisis that will bring them all crashing down when the line at the door stops buying the new debt to roll over the old.

Japan’s fiscal mismanagement is not significantly worse than that of others. The pandemic, climate change, sluggish growth, and financial crises, accompanied by a lack of confidence, have led to an increase in government debt for many wealthy countries. At more than 250% of GDP, Japan’s gross debt stands out. Combined with sluggish growth and a shrinking population, many financiers and economists see it as an existential risk. The real question this report addresses is the real story behind the curtain, and when does this come to a head?

The Liquidity Crisis
Over the past conferences, we have warned that we will be moving into a liquidity
crisis, for the amount of capital invested in global bonds often reaches 10:1 relative to
equities. While people constantly point to the dollar and it just has to collapse, they
remain obvious to the international crisis at hand. Global debt has reached $226 trillion,
with federal sovereign debt coming in at about $60 trillion. The US Treasury market is
about $24 trillion. The crisis in the bond market in the UK is just the tip of the iceberg.
With the rise of uncertainly and our insane leaders pushing for World War III to destroy
Russia for Climate Change since 50% of the GDP is energy production, the smart
money is starting to run away from the long-term, and in the process, we will see as a
byproduct of this Liquidity Crisis, rising volatility and a very dark financial future for the
bond markets