Japan’s Out Of Control Printing! – MASSIVE Debt & Negative Interest Rates!

Josh Sigurdson talks with author and economic analyst John Sneisen about recent news out of Japan that the country has for the first time in history printed enough Yen to buy enough assets to surpass the country’s annual GDP!
The Bank of Japan (Japan’s central bank) has seen their balance sheet grow to 553.6 trillion Yen as of November 10th!
Japan’s interest rates are currently sitting at negative 0.1 percent. The country hasn’t made any movement in interest in quite some time.
With massive government debt to GDP as well as quite significant private debt to GDP, Japan owes quite a substantial amount of money to countries like the United States and interestingly the Cayman Islands which comes in second for place Japan is most indebted to. Interesting how that works.

Every fiat system eventually fails. Every single fiat system throughout history going back to the first in China in 1024AD has crashed. The Yen, the US dollar, the British Pound, the Turkish Lira will all go the same route. There’s no stopping this from happening as it fundamentally has to.
One cannot put a date on the crash but we know however that it will indeed happen which is why all of us individuals need to prepare for the worst.
Food, water, shelter, you know the rest. Be independent, self sustainable. Be educated and financially responsible. Gold and silver as wealth insurance (not an investment), or decentralized cryptocurrencies with sound fundamental value including incredible new blockchain infrastructures. There are solutions. You just have to be looking for them.

Stay tuned for more from WAM!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

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World Alternative Media
2018

“Find the truth, be the change!”

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