Tuesday, June 4, 2013

David Wilkerson "The Vision" Update June 2013: Germany And Japan In Recession

According to David Wilkerson's 1973 book "The Vision," we can expect an economic domino effect across the globe as we see Germany fall first, then Japan, and then the USA will fall. After the fall, the New World Order will be created to fill the void. We're seeing the dominoes line-up for a sudden collapse. Will this event occur this summer?   

Europe and Germany: Europe's economies are faltering, and Germany can't prop-up every pathetic European Socialist.

A Closer Look At Today's German Stock Market Flash Crash

Submitted by Tyler Durden on 04/17/2013

While most of the US was in deep REM sleep, the Germany stock index, the DAX, had a flashback to May 2010: starting at 3:44 am EDT, in the span of 6 minutes or much faster than the gradual drop that led to the US flash crash from three years ago, the DAX went from well and solidly-bid to having zero liquidity... and dumping nearly 200 points in the process. Whether it was rumors of a (subsequently validated) rating agency downgrade, or just an algo testing its quote stuffing ability, the moves showed vividly that when the current rosy paradigm shifts abruptly and violently, all those hoping to be the first out of the door and hit the sell button, simply won't be able to do so. Because sadly there is no such thing as a free "4 year long zero volume levitation" - one must always pay the piper in the end.
European stock markets post heavy losses after Nikkei plunges 7% - as it happened
The Guardian Eurozone crisis
Japanese stock market tumbles 7%
Good morning. The Japanese stock market has tumbled over 7% in a dramatic day's trading in Asia, and heavy losses are expected in Europe when the markets open.
A roller coaster ride saw the Nikkei finish 7.3% lower at 14483, down 1143 points, having earlier hit its highest level since December 2007.
It's the biggest daily fall on the Japanese stock market since March 2011, following the Tōhoku earthquake and tsunami.
The Japanese Knew Something That Foreign Investors Didn't
By Matthew Boesler | Business Insider – Fung Global Institute
In his latest piece, Nomura economist Richard Koo examines the recent crash in the Japanese stock market, which has tumbled 15% since just March 22.
"The prevailing view is that we are finally seeing a reaction to this excessively rapid move, and if so this is a healthy correction," he begins. "The reality, however, may be somewhat more complicated..."

…Domestic mortgage rates have increased for two consecutive months as a result. This is clearly an unfavorable rise in rates driven by concerns of inflation, as opposed to a favorable rise prompted by a recovery in the real economy and progress in achieving full employment.

The more the market senses the BOJ’s determination to generate inflation at any cost, the more interest rates—and particularly longer-term rates—will rise, adversely impacting not only Japan’s economy but also the financial positions of banks and the government...

Since there is no increase in bank earnings from additional lending activity and no increase in tax revenues from a recovering economy, the financial positions of banks and the government deteriorate in direct proportion to the rise in long-term interest rates….

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