The globe is financially interconnected, so what happens in other major countries affects you and me. Many of our cars in the garage are produced in Japan and some of the parts to keep them operational come from their homeland. Japan has the worst demographics of aging population of all the major countries. There are not enough young people coming into the workforce to support the elderly. People are living longer and their are more adult diapers sold in Japan than infant diapers. Japan’s bond market is getting worse by the day. Europe and the U.S. are not far behind.
Interest expenses of Japan’s debt (Japanese Government Bonds- JGBs) as a percentage of total government revenue will reach 56% this year. What if you personally had to pay over half of your paycheck to the bank for interest? That is where Japan is at now. How are they managing that feat? By printing more money, backed by nothing but perception. We are moving in the same direction. Japan is leading the way to show the other nations what will happen shortly. Japan’s Central Bank is focused on creating mild inflation in a contracting economy. This will ultimately result in default of sovereign debt. The bondholders are often large pension funds holding individuals’ future cash payments in their care. In the end, the average person will be affected. This should provide you a better understanding why Russia and China are acquiring gold reserves to back their currency as they prepare to depart from the U.S. Dollar reserve currency standard. At some point, a monetary crisis will occur. Only Our Heavenly Father knows the day and the hour:
Revelations 18:1 After these things I saw another angel coming down from heaven, having great authority, and the earth was illuminated with his glory.
2 And he cried mightily with a loud voice, saying, “Babylon the great is fallen, is fallen, and has become a dwelling place of demons, a prison for every foul spirit, and a cage for every unclean and hated bird!
3 For all the nations have drunk of the wine of the wrath of her fornication, the kings of the earth have committed fornication with her, and the merchants of the earth have become rich through the abundance of her luxury.”
These verses describe the coming global events as well as any time in history. Our Heavenly Father is keeping the masses in a blinded state so the current system will continue while HIS Remnant is being prepared. Until the firstfruits are ready for inspection and ready to illuminate the earth with HIS glory, the current system will be allowed to operate. The fruit are ripening now. We discussed this in our Bible study yesterday. Due to Internet transmission problems, the Bible study had “live” issues but the “two-part” recordings appeared to be captured without issue and can be watched at:
http://www.ustream.tv/recorded/45262968
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