Banks in America may suffer large losses on their mortgages
American banks will face big problems with their mortgages. They offer 30 year mortgages at fixed interest rate. In the early 2010s, following the 2008 financial crisis, interest rates on 30-year fixed-rate mortgages fell to historic lows, often around 3-4%. In 2020 and 2021, interest rates remained near historic lows, with...
Sell or Die
I’m now in Vietnam for a short trip and I am being reminded of the time that my day job boss made a remark about how I only got a “serious” job at 38. He exclaimed “I don’t know how you survived before that.” I bring this topic up because, while Vietnam has made great strides economically, it’s still an obviously...
Bombshell on Covid-19 Vaccines
This is a report from Germany, the home country of Biontech. There is a drastic change of Narrative now. The Health Minister has admitted that adverse events occured in at least 1 in 10000 Vax persons. In Germany, the government will compensate Vax injured a MONTHLY allowance based on individual cases. A major lawsuit is launched...
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