I've been hearing stories lately that the US bond market is on the brink of collapse, like it could collapse next month or November. Okay, its rumor from a good source but even if it doesn't happen, Im curious if that affects us Australian property investors.
What Ive been hearing is that the US federal reserve is purposely engineering the collapse so the bonds are worthless to ensure that hyperinflation doesnt occur. You see, the banks own the world now, there really is no argument about this I think, and they will not allow hyperinflation to occur as they know they lose big time, as in, we can pay off debt quicker and they end up holding worthless fiat currencies. So this way the cost of your repayments each month skyrocket, you cant make your repayments, so the bank takes your house and keeps your money.
Now, if this happens it is all in the USA. Does that have any effect for us here in Australia and if so, how?
I'm not too clued in on the markets but I really feel the US is on the financial brink of the abyss and Im not too sure what that means for us.
I hope I made sense, I can almost make sense of it myself.
What Ive been hearing is that the US federal reserve is purposely engineering the collapse so the bonds are worthless to ensure that hyperinflation doesnt occur. You see, the banks own the world now, there really is no argument about this I think, and they will not allow hyperinflation to occur as they know they lose big time, as in, we can pay off debt quicker and they end up holding worthless fiat currencies. So this way the cost of your repayments each month skyrocket, you cant make your repayments, so the bank takes your house and keeps your money.
Now, if this happens it is all in the USA. Does that have any effect for us here in Australia and if so, how?
I'm not too clued in on the markets but I really feel the US is on the financial brink of the abyss and Im not too sure what that means for us.
I hope I made sense, I can almost make sense of it myself.