Negative Interest Rates Put World on Course for Biggest Mass Default in History. Signals Impending Doom!

- Negative interest rates mean banks pay interest$$ to their customers for loans. It means banks lose money on loans. Now why would any bank continue with such business? The answer is: they won’t. The problem is: their existing loan portfolios. The banks are losing money on them. They will go bankrupt if negative interest rates do not reverse itself soon.
– - The world economic system is driven by debt. To build infrastructure: roads, buildings, ports …. you need financing ie. borrow money, from banks. Without financing (loans from banks) the economy will grind to a halt.
– - When interest rates go negative, central banks doing QE will be paying governments for the privilege of QE. Ie. the debt slavery mechanism of the privately owned, Illuminist central banking cartel is broken. The Babylonian usury based Mammon power is largely neutered. Since governments can now borrow limitless amounts of money (via QE) and get paid for it, there is no debt enslavement to Illuminist banksters. Negative interest rates implies the entire financial/banking system is breaking down.
– - The Illuminist central banking cartel will obviously protect their interests ie. find a way to engineer higher interest rates. So, for those of you who insist the FedRes will not raise rates as it will collapse the global economy: You are Wrong! They will raise rates and collapse the global economy because it is in their financial (survival) interest to do so.
– - Telegraph’s Warner: Negative European Rates Signal Impending Doom
by Dan Weil, http://www.newsmax.com/finance
A whopping 30 percent of government debt in the eurozone — approximately 2 trillion euros worth — now carries a negative yield, and that amounts to a financial crisis in the making, says Jeremy Warner, assistant editor of The Daily Telegraph.
–
The 5-year German government bond yields negative 0.11 percent.
–
“What makes today’s negative interest rate environment so worrying is this: to the extent that demand is growing at all in the world economy, it seems again to be almost entirely dependent on rising levels of debt,” Warner writes.
–
“The financial crisis was meant to have exploded the credit bubble once and for all, but there’s very little sign of it. Rising public indebtedness has taken over where households and companies left off.”
–
Global central bank easing has led to frothy financial markets, Warner explains. “The bond market bubble is just the half of it. Since most other assets are priced relative to bonds, just about everything else has been going up as well.”
–
And what’s the endgame?
–
“Eventually, there will be a massive correction, in which creditors will suffer sickening losses,” Warner maintains. “Nobody can tell you when that moment will arrive,” he argues.
–
read more.
end