20181204-Swedish got chipped to pay for coffee-Inverted Yield Curve pointing to recession-Bush related to the Queen of England


George Bush Sr.

-11th cousin 1 time removed to Queen Elizabeth II

Swedish have implanted microchips to pay for coffee

- Ask most people in Sweden how often they pay with cash and the answer is “almost never.” A fifth of Swedes, in a country of 10 million people, do not use automated teller machines anymore. More than 4,000 Swedes have implanted microchips in their hands, allowing them to pay for rail travel and food, or enter keyless offices, with a wave. Restaurants, buses, parking lots and even pay toilets depend on clicks rather than cash.


Maneco64:

Inverted Yield Curve pointing to recession

-The 5-year treasury bond (2.817%) went below the 3-year (2.827) and 2-year (2.821).   The 10-year (2.959%) is catching up but not inverted yet.    When it does, that will be the signal that the economy is not well.   Usually the banks borrow short term funds and lend them out long term to make money on the differences of the yields.   But yield inversion means that they can’t do that anymore.   In that case, the banks will not lend out as much, that means tighten credits that will lead to less economic activities and thus recession.


French riots trigger by carbon taxes

-Current French President, Macron is a Globalist and Rothschild banker.   Rothschilds were a major driver behind climate change, environmentalist in the 70’s80’s, and ever since.  They started out the carbon market and got benefitted from it but not the average person.

-Some statistics published by the Economists Magazine compared France with other countries in the Eurozone that uses Euro:

-GDP:  F (1.5%) vs. avg (1.7%)

 -Comsumer Prices:  F (2.2%)  (According to the French protesters, it is actually higher!    They  can’t survive anymore.   They can’t make the ends meet.)

-Unemployment rate:  F (9.3%) vs. avg (8.1%)

-10-year bond Interest rates:   avg (0.74%)    (In the US                      almost  3%)

Comments

  1. 債券的確會令人不安, 想想多少人持有長期債券? 各國政府!

    ReplyDelete
  2. Need to watch this inverted yield curve thing. When the 10-year treasury bond rate dropped below say 2-year bond or 5-year bond, the economy is heading towards recession for sure said the financial experts.

    ReplyDelete

Post a Comment

Popular posts from this blog

20181210-Paradise Fire-Centaurians

20191007-New Russian Payment System to Avoid USD

20190114-Bitmain-BTC goes down to $1800?