Economic Devastation

[RealBitcoin]

So can we extrapolate anything from this regarding trouble with their sovereign debts? (I notice there is no Japan).

Japan is within "holding steady" (1-4% decline)

I don't know why it isn't included in the group of "flags" but you can see that from the colors on the map.

Yea sure they are very "steady"

The clock is ticking man:  http://www.nationaldebtclocks.org/debtclock/japan

http://www.tradingeconomics.com/japan/money-supply-m3

So they`ve got a national debt of    1,224,265,611,767,395 JPY for a total money supply (M3) of 1,230,869,800,000,000 JPY , geez I wonder how will they pay off the debt? (and this is just government debt, not counting in unfunded liabilities and private debt). Whereas the total debt would be much higher than M3.

[smooth]

So can we extrapolate anything from this regarding trouble with their sovereign debts? (I notice there is no Japan).

Japan is within "holding steady" (1-4% decline)

I don't know why it isn't included in the group of "flags" but you can see that from the colors on the map.

Yea sure they are very "steady"

The clock is ticking man:  http://www.nationaldebtclocks.org/debtclock/japan

http://www.tradingeconomics.com/japan/money-supply-m3

Just be clear (it isn't from the quoted section) I wasn't commenting on Japan debts or overall, which I agree is a debt disaster, and getting worse. The above was an interpretation of a chart posted that looked at manufacturing cost competitiveness, not debt or stability.

[RealBitcoin]

So can we extrapolate anything from this regarding trouble with their sovereign debts? (I notice there is no Japan).

Japan is within "holding steady" (1-4% decline)

I don't know why it isn't included in the group of "flags" but you can see that from the colors on the map.

Yea sure they are very "steady"

The clock is ticking man:  http://www.nationaldebtclocks.org/debtclock/japan

http://www.tradingeconomics.com/japan/money-supply-m3

Just be clear (it isn't from the quoted section) I wasn't commenting on Japan debts or overall, which I agree is a debt disaster, and getting worse. The above was an interpretation of a chart posted that looked at manufacturing cost competitiveness, not debt or stability.

Yes but you cannot talk about the debt overall and the relation to the economy ,when you know exactly that the debt is an ongoing vicious ponzi scheme which will obviously hurt the economy more and more the bigger it gets.

There is nothing to discuss here really ,we will all know the outcome of this.

IMF warns Japan over its staggering national debt

http://money.cnn.com/2015/07/23/news/economy/japan-debt-imf/

[smooth]

So can we extrapolate anything from this regarding trouble with their sovereign debts? (I notice there is no Japan).

Japan is within "holding steady" (1-4% decline)

I don't know why it isn't included in the group of "flags" but you can see that from the colors on the map.

Yea sure they are very "steady"

The clock is ticking man:  http://www.nationaldebtclocks.org/debtclock/japan

http://www.tradingeconomics.com/japan/money-supply-m3

Just be clear (it isn't from the quoted section) I wasn't commenting on Japan debts or overall, which I agree is a debt disaster, and getting worse. The above was an interpretation of a chart posted that looked at manufacturing cost competitiveness, not debt or stability.

Yes but you cannot talk about the debt overall and the relation to the economy ,when you know exactly that the debt is an ongoing vicious ponzi scheme which will obviously hurt the economy more and more the bigger it gets.

There is nothing to discuss here really ,we will all know the outcome of this.

All I'm discussing is my above quote being taken entirely out of context.

[OROBTC]

So can we extrapolate anything from this regarding trouble with their sovereign debts? (I notice there is no Japan).

Japan is within "holding steady" (1-4% decline)

I don't know why it isn't included in the group of "flags" but you can see that from the colors on the map.

Yea sure they are very "steady"

The clock is ticking man:  http://www.nationaldebtclocks.org/debtclock/japan

http://www.tradingeconomics.com/japan/money-supply-m3

Just be clear (it isn't from the quoted section) I wasn't commenting on Japan debts or overall, which I agree is a debt disaster, and getting worse. The above was an interpretation of a chart posted that looked at manufacturing cost competitiveness, not debt or stability.

Yes but you cannot talk about the debt overall and the relation to the economy ,when you know exactly that the debt is an ongoing vicious ponzi scheme which will obviously hurt the economy more and more the bigger it gets.

There is nothing to discuss here really ,we will all know the outcome of this.

All I'm discussing is my above quote being taken entirely out of context.

Japan's manufacturing competitiveness does seem to be holding up quite well.

The bearings we buy from (our small "Dickensian" manufacturer in) Japan are at roughly the same prices as the pieces we get from the ultra-modern Korean factories.  In some cases, our Japanese is cheaper.

And in Peru, Japan > Korea.

[STT]

geez I wonder how will they pay off the debt?

Japan has a declining population and working population, actually this is true of China now as their families are limited to 1 child its inevitable that they have less people and their working costs are rising.  (rising wages natural inflation)  Japan will not pay off its debts as its not been invested just spent.

USA also has this problem but does have a rising population, it could be argued they have greater productivity in future to pay off the debt.  Its unlikely any government will cut spending, switch to a surplus and keep taxes high enough for many years needed to pay off debt in excess of GDP.
   Cutting spending means less government basically, theres a self bias they just cannot turn off their own source of power and the people wont force this requirement until its completely obvious as all the various spending schemes are popular until funded from peoples taxes directly instead of delayed by debt accumulation as we have now.    Reagan did the same as Obama as Bush as Clinton as any president, they increase spending and debt regardless of politics.
  The only thing to look at is a natural change forcing rates to alter, economics should be more about this then politics but current doctrine is about forced moves and their effect rather then normal interaction in trade

[rpietila]

To whom is the debt owed to?

[RealBitcoin]

To whom is the debt owed to?

Directly to the bond holders, indirectly to the shareholders of the central banks (as they are all private).

[RealBitcoin]

geez I wonder how will they pay off the debt?

Japan has a declining population and working population, actually this is true of China now as their families are limited to 1 child its inevitable that they have less people and their working costs are rising.  (rising wages natural inflation)  Japan will not pay off its debts as its not been invested just spent.

USA also has this problem but does have a rising population, it could be argued they have greater productivity in future to pay off the debt.  Its unlikely any government will cut spending, switch to a surplus and keep taxes high enough for many years needed to pay off debt in excess of GDP.
   Cutting spending means less government basically, theres a self bias they just cannot turn off their own source of power and the people wont force this requirement until its completely obvious as all the various spending schemes are popular until funded from peoples taxes directly instead of delayed by debt accumulation as we have now.    Reagan did the same as Obama as Bush as Clinton as any president, they increase spending and debt regardless of politics.
  The only thing to look at is a natural change forcing rates to alter, economics should be more about this then politics but current doctrine is about forced moves and their effect rather then normal interaction in trade

You guys still fail to see the nature of this system. Your population stastistics doesnt count here.

The debt is unpayable by design. The debt is always bigger than the money supply, therefor it`s mathematically impossible to pay it back.

[TPTB_need_war]

Neither Japan nor China have a irreparable problem, because they can leverage the other countries in the Asian Union such as the Philippines which have excellent demographics and low debt.

OROBTC, I've been told that Japan's metallurgy has been far superior to that of Korea. I don't know if that is still the case, but I suspect so. The Japanese are like the Germans of Asia, they are perfectionists with extreme attention to details.

[RealBitcoin]

Neither Japan nor China have a irreparable problem, because they can leverage the other countries in the Asian Union such as the Philippines which have excellent demographics and low debt.

OROBTC, I've been told that Japan's metallurgy has been far superior to that of Korea. I don't know if that is still the case, but I suspect so. The Japanese are like the Germans of Asia, they are perfectionists with extreme attention to details.

But that is not "paying" the debt, thats just growing the ponzi scheme bigger by including other countries in it.

Some 3rd world countries are not yet members of this ponzi, so by including them, the countries that are already in can ease their tensions, however it won't matter in the long term.

In the long term the entire financial system will collapse, because the debts are simply unpayable, no matter what economic strategies you pull.

Now they might delay it 5-10 more years but delaying doesnt mean repairing it.

[coinits]

Neither Japan nor China have a irreparable problem, because they can leverage the other countries in the Asian Union such as the Philippines which have excellent demographics and low debt.

OROBTC, I've been told that Japan's metallurgy has been far superior to that of Korea. I don't know if that is still the case, but I suspect so. The Japanese are like the Germans of Asia, they are perfectionists with extreme attention to details.

How are you doing health-wise these days? Everything OK buddy? Getting by? Living healthy?

[OROBTC]

Neither Japan nor China have a irreparable problem, because they can leverage the other countries in the Asian Union such as the Philippines which have excellent demographics and low debt.

OROBTC, I've been told that Japan's metallurgy has been far superior to that of Korea. I don't know if that is still the case, but I suspect so. The Japanese are like the Germans of Asia, they are perfectionists with extreme attention to details.

TPTB

That's an interesting notion that Japanese metallurgy is far superior to Korea's, I had not heard that.  It is worth me looking into.  I do not know how to (cheaply) find THAT out.  There is a service we used out of Cleveland to check bearings for noise, dimensional accuracy, etc.  Also nearby was a laboratory that did various kinds of metallurgical testing, which we only did on TWO pieces because that testing was EXPENSIVE ($1200 some 16 years ago).

Korean technology in automotive batteries (for example) is quite advanced, probably ahead of the USA, but less advanced than Japan's.

Based on very limited personal experience, I would concur that Japanese perfectionism is greater than Korean.  We NEVER get a short-count from our Japanese supplier.  The packaging is always perfect from Japan.  Korea will on occasion mess up an order (eg, bulk packing in a box or two when the pieces should have been individually boxed for retail sale).  Korean senior pilots tell the junior ones to STFU, even if the senior guy is wrong (that is changing).

[RealBitcoin]

I made a debt analysis of Japan's total debt, come and check it out in my thread:

https://bitcointalk.org/index.php?topic=1147264.msg12612849#msg12612849

You will be amazed how fatal the monetary situation is

[rpietila]

Based on very limited personal experience, I would concur that Japanese perfectionism is greater than Korean.  We NEVER get a short-count from our Japanese supplier.  The packaging is always perfect from Japan.  Korea will on occasion mess up an order (eg, bulk packing in a box or two when the pieces should have been individually boxed for retail sale).  Korean senior pilots tell the junior ones to STFU, even if the senior guy is wrong (that is changing).

The Japanese button all their buttons in a jacket. The Chinese leave them all unbuttoned. The Koreans know the middle way - leave the downmost one unbuttoned, and button the rest.

[rpietila]

To whom is the debt owed to?

Directly to the bond holders, indirectly to the shareholders of the central banks (as they are all private).

The system is the largest fraud ever, in terms of notional amount vs. world GDP.

The fraudsters (TPTB, CBs, their fronts) can always add more zeroes to their debt papers which demands the people to pay more.

The debt slavery is not a new invention as such, eg. Indian poor were generally in debt slavery to higher castes, sometimes still are. With enough force, you can kill or lock in a person. But you need cunning to lead him to believe that he owes you. This (that we are indebted and owe to the banksters who enter more zeroes to their systems) is what has been bombarded in the western media since 1980s, until I stopped following. I have heard that they still perpetuate that lie.

Oh yes they do. Many, actually most, people believe we owe something. Why? Who has been explained the terms of the deal? Who has got the money that they now supposedly owe?

There is no money in central banking. When a new loan is made, there is no "consideration" (= the giver does not forgo anything he owns when the other takes on the obligation to pay "back").

The banksters don't make anything in this world. Even the most bloated social services, militaries or whatever is associated with govt debt spending, have been made by the people instead of the banksters.

Crypto Kingdom is such a clear example of a world where debt exists, but is relegated to its proper role.

When you stop believing you or anyone else owes the banksters, the liberation is near. (Note this does not affect actual debts where you were the decision making party to take the debt, you received the money, and the creditor relinquished the money - none of this happen in central bank "debt" to governments.)

[americanpegasus]

Don't mind me. Just tagging this legendary and important topic so I can read regular updates on it.

It still shocks me how many people "prefer" fiat because they feel better with bankers controlling their destiny.

One of the saddest things about humanity is most of them don't want freedom - they want safety and comfort.  Freedom is hard because you have to think for yourself and do ideological battle with others.  Being a slave isn't as lucrative, but it's much less stressful if enslaved to a competent master.  All your needs are taken care of and you have no question as to your purpose.

[Guido]

Don't mind me. Just tagging this legendary and important topic so I can read regular updates on it.

It still shocks me how many people "prefer" fiat because they feel better with bankers controlling their destiny.

One of the saddest things about humanity is most of them don't want freedom - they want safety and comfort.  Freedom is hard because you have to think for yourself and do ideological battle with others.  Being a slave isn't as lucrative, but it's much less stressful if enslaved to a competent master.  All your needs are taken care of and you have no question as to your purpose.

very well said

the other thing that is said, is when someone is enslaved but can't see the bars. they think they're free!
most of the sheep. maybe they are lucky. ignorance is bliss!  allegedly 

[TPTB_need_war]

I have not yet tied the role the Knowledge Age could play in the following struggle we face.

Generative Essence of What We Face Now

This post is incredibly important. If you don't focus on these videos, you do not understand the world we live in.

Martin Armstrong does not understand this. He hasn't watched these videos. That is why he is fooled about the fundamental cause, motive, and the global elite.

For Those Who Still Doubt 9/11 Wasn't a Demolition

Edit: I've added this one:
https://www.youtube.com/watch?v=l0Q5eZhCPuc

If you have at least watched that one linked video above, you now understand without any doubt that 9/11 was an inside demolition. Any one who denies it after watching that video is simply insane.

So now if you want to know who did 9/11, here is that information:

https://www.youtube.com/watch?v=sw4UDcmOqp4

...

Edit: listen to the first new video and you will understand what is going on in the Middle East.

If you've watched those two videos from start to finished and been attentive to every engineering detail in the first video and made sure you understand every demographic detail in the second video, then you already have realized there is something very profound about the role of the Zionists—iwho've formed and hijacked the State of Israel—iin everything that is going wrong. The evil is much more the raison d'être than for the concept of the "bankster". You must begin to realize that "bankster" is not the central enemy, but rather is one manisfestation of the following strategy for control of the world.

Btw, all of this is described in the Bible. Also if you become aware of the Abomination of the Desolation, there is a timing in the Bible for Jesus's return based on two events that already occurred— the formation of the Jewish state and the Camp David peace accord between Israel and Egypt (note Jimmy Carter's role although afaics he is not an intentionally evil player). I had calculated that date as 2024 back in 2007 with Marshall Swing. Marshall has since done some additional work on it and had emailed in my 2014 saying Armstrong timing was coinciding with his calculations (which he refused to detail to me in email) and that 2015.75 would begin the 7 year Tribulation. I had and continue to be skeptical of any timing based on the Bible alone (and I am not sure if I find Marshall credible), but I share it only because the way the truth is shaping up to match the Bible is too strong of a correlation to totally ignore. I am a scientist. Correlation doesn't mean cause and effect, but it is clue. However, the next paragraph is the most salient in terms of the new point I want to make in this post.

But maybe it has not yet occurred to you that Zionists have leveraged the 1000s of years hold conflict between Christians and Muslims to be able to place themselves in the drivers seat of control over the political-economic-media-military world by promoting these two religious factions to fight each other. They are promoting conflict every where they can, even between man and woman via feminism and its other extreme fundamentalist (non-moderate) Sharia Law Islam, as way to Balkanize (aka divide-and-conquer) the world so they can pull the strings without being attacked or focused upon. Yugoslavia served as an example for them as it was Balkanized by waves of conquest and threats from three or four ethnic groups over the centuries, with Muslims as one of them. As one example, you can even note in the first video below how foisting of feminism on the West by the Zionists (of which Rockefeller and Rothschild are members) has set us up to more in the cross-hairs of the Muslims and pushed their men more towards fundamentalism. If you watch very carefully the second video above and then the following videos will help solidify this concept for you the reader, so that you will understand much better what is going on in the world now.

https://www.youtube.com/watch?v=XHl1JnQoIWQ
https://www.youtube.com/watch?v=8sV9UcZoTM4 (turmoil is what the Zionists want! Note Russia nor USA nor China will never bomb Israel! Remember I have explained democracy is a power vacuum lie)
https://www.youtube.com/watch?v=uvtC_qzHVM4 (former POTUS Jimmy Carter)
https://www.youtube.com/watch?v=Xy_cUpxT884

From this we can start to analyze the upcoming future of the USA and Europe. We are being subverted by the Zionists. Are they going for broke and go to a shooting war with the Patriots?

We can clearly see that their goal is drive strife via multicultural conflict. This ties in with their belief that tribalism is the root of man's faults and thus why they are more suited to lead us because we can't lead ourselves. They see this all as destiny for them as written in the ancient texts such as the Bible, Koran, and occult/pagan.

By killing a million Jews with the Hitler they created (remember Prescott Bush financed Hitler through his Union Bank), they have created sympathy for a Jewish homeland amongst the liberals in the USA. By framing it as Muslim versus Christian, they garnish support amongst the religious conservatives in the USA. The Zionists are cleverly manipulating our political systems as well our economics. The media is owned by 6 families who are all Zionists. Etc.

For this analysis we can see Europeans are much more enslaved by the Zionists than the Americans. We still have the Patriots who are not entirely hoodwinked into the Zionist mind programming. The Europeans are fully indoctrinated into the crap the Zionists want them to the believe! Ponder that!

Btw, by making this post I may become a target of covert action. It is quite possible this is the last post I may be allowed to make if I continue on this line, because I am explaining in a very crystal clear way that very few if any have. Please make sure you spread this information far and wide. Email Armstrong this post!!!!!!!!!!!

[aminorex]

We may have a Nobel 2025 candidate here:

http://arxiv.org/abs/1005.4913