It may have little effect on those in Crow Agency, Mandaree, Sisseton, Pine Ridge or Marty but this is global financial history in the making. For the first time in the history of Japan, the Japanese government "sold" 10-year bonds at a NEGATIVE YIELD. Translated into terms America can understand, this means "investors" agreed to pay the Japanese government 2.4 basis points per year for the privilege of lending the government money for 10 years.
It's coming to a bank in America soon enough. Maybe your bank. Maybe your money.
You give a shit?
Had enough of this yet? Look around you America, wake up. These slime balls at the Fed are taking the country down. The Fed continues its willful ignorance.
Debt to GDP ratio of 200% is coming. It's predictable. The folly of every CEO buying back their own company stock at record highs with DEBT will be dealt stunning blows. It is hard to stomach but the folly will be exposed.
The beating will continue until morale improves.
