The doom-loop that threatens to wipe out the global economy; cashless society coming
2/12/16 – NIRP (Negative Interest Rate Policy) is taking down bank after bank and the Fed’s Janet Yellen made the statement yesterday that they are considering implementing the policy here in the U.S. They’ve already revealed a stress test with U.S. banks.
CNBC reported this week: For the first time ever, the governing agency and U.S. central bank is requiring banks to include, in a round of stress tests commencing this year, to prepare for the possibility of negatively yielding Treasury rates.
If you want to understand what this means to you read the article out today on ZeroHedge, This is the NIRP Doom Loop that threatens to wipe out banks and the global economy.
Negative interest rates go hand in hand with the implementation of the cashless society.
See ShofarBlast article Bank in Norway wants to dump cash; cashless society on the horizon.
We know the push to get rid of cash has been strong in Europe and it’s being pushed now in the U.S. And, it’s right on schedule with the NWO’s goals of going cashless by 2018 which was on the cover of the Economist magazine in 1988.
Do you see how this has all been planned for a very, very long time? Yet the Bible told us all about it 2,000 years ago.
SPONSORED BY:
Wayne Schmidt
Blanchard and Company, Inc.
888.559.2963
As a result of Japan implementing negative interest rates (Japan is the world’s 3rd largest economy) along with several other nations, and financial implosion happening with economies such as France and major banks around the globe, gold and precious metals are now experiencing an onslaught of late-comers trying to get a hold of something that will hold value while markets continue to fall.
ShofarBlast has been reporting this for years. Please read this important article with references: Bill Holter: When will the system collapse? “You’re watching it”
In London Telegraph: Investors go bananas for gold bars as global stock markets tumble. Record sales reported as buyers line up around the block.
ZeroHedge reported, Lines around the block to buy gold in London; Banks placing “unusually large orders for physical.
Martin Armstrong on ZeroHedge: Systemic risk is rising for all markets.
I highly recommend a very important interview with Tom Holland on TruNews this week. The interview with Tom Holland wasn’t the only important feature of this broadcast; the round table discussion after the interview was valuable as well.
All I can say is this: If you haven’t already gotten prepared for a historic economic crash you are really late to the party but you better act immediately. The writing has been on the wall for some time now. Get emergency food for lean times, precious metals for economic insurance against losing everything, and some other supplies for emergencies. Let’s pray we don’t need them. But everything we can see right now says it’s already in motion. Fasten your seat belts, people. This won’t be fun. But Yeshua will see us through it!
Do you know Yeshua? He’s knocking on the door of your heart.
-ShofarChic
READ MORE:
http://www.cnbc.com/2016/02/09/from-zirp-to-nirp-whats-the-feds-next-move.html
http://www.trunews.com/yellen-testimony-sends-markets-into-tailspin-gold-soars/
https://www.trunews.com/trunews-020916-ron-holland-global-banking-collapse/
http://www.zerohedge.com/news/2016-02-12/nirp-doom-loop-threatens-wipeout-banks-and-global-economy
http://shofarblastblog.com/2016/02/09/bill-holter-when-will-the-system-collapse-youre-watching-it/
http://www.zerohedge.com/news/2016-02-12/martin-armstrong-warns-systemic-risk-rising-all-markets
http://shofarblastblog.com/2016/01/27/bank-in-norway-wants-to-dump-cash/
2016, ShofarBlastBlog.com
SPONSORED BY:
Wayne Schmidt
Blanchard and Company, Inc.
888.559.2963
wdschmidt@blanchardgold.com
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