Weekly Weigh In: Israel No Friends Left, Fighting on Xbox Live, MAGA No More & Japan to Kick It Off
Israel must sense that their days are numbered given the lack of support, weakened dollar, old age of their American attack dog and surrounding of wealthy Muslims. Why else would they continue to bomb everybody in their region? Strikes by the Israeli Air Force have now totally destroyed the Ministry of Defence and General Staff Headquarters in the Syrian capital of Damascus (as displayed on live television). A friend of mine from the Middle East is blown away that nobody has had a go at Netanahyu yet, even internally as he is a psychopathic mad man. He too agrees that ultimately, the country and it’s people have pushed the envelope one too many times with bombing of their neighbours and that Israel as we know it is on an hour glass.
Here’s an interesting statistic for you: ActiVision, the video game maker of the Call of Duty (& so much more) franchise announced that collectively, their gamers have now played 25 billion hours on the 23 collective games (it’s not clear whether they included the spinoffs and remakes for a number up to 30 games). This amount of time, amounts to 2.25 MILLION years of time collectively aimed (pardon the pun) throughout the last 10-20 years. It’s important to note that this is only for this franchise of game, within a much, much larger video game ecosystem. When people ask why aren’t they up in arms due to the world collapsing around them? The reality is they are, but it’s simply in the virtual video game world. Imagine what else could have been accomplished with 2.25 million years of time together!?
It seems that MAGA is disappearing and losing face, radically. Ever since Trump’s “he loves me, he loves me not” back and forth with tariffs and Israel, he seems to be a walking contradiction. At least the Democrat party is openly, full-speed ahead towards destruction. It feels as though this is going by the wayside as something larger is in the books however–> A stock market crash, bombs in Iran, a false flag on US soil, new fronts against Russia, a false flag in and around the Red Sea? What do you think?
Speaking of “something happening”… Japan is now seeing a major sell off to it’s bond market shooting yields far higher. I wrote here about Japan’s unique financial situation being stuck between a rock and a hard place. Japan 40-Year Government Bond Yield rose overnight to near the highest since 2007 Debut. Japan 30-Year Yield rose to the highest since the 1999 Debut. Japan 20-Year Yield rose to the highest since 1999. Japan 10-Year Yield rose to the highest since 2008.
Japan has always thought to be the first place to kick off the global depression given it’s massive debt to GDP ratio and the decades of low interest rates. The ability for the Bank of Japan to finance higher interest payments is brought into question as well as the attractive yen carry trade (banks were borrowing with low interest and receiving a higher interest in the United States). This implies less debt buyers for the USA which is serious because the 3rd largest holder of US debt is Japan. We might be about to see a chain reaction leading to long-term rates in the USA exploding higher too. This would cause higher rates for loans and mortgages domestically in the United States, snap the ability for debt to be serviced and the Fed signalling further cuts are necessary which will spook the stock market.
But like I say, if you’re a natural skeptic like myself, there’s about 25 different events that could bring down equity markets… The whole pond is filled with black swans at this point. Till next week…
