If someone offered to pay you to borrow money to buy a house would you rush in? There would have to be an air of caution, surely, as something sounds suspicious when banks interest rates on mortgages are now in the minus, as is the case in Japan. That means that the financial institutions are rewarding people who borrow from them. The question is why and how does it work?
The economic situation in the world is at crisis point but one has to be in the know to appreciate it. Since the global financial crisis (GFC) of a few years ago the situation was never really fixed. It was, more or less, pushed under the carpet until now when it is serious enough that finance is a dicey issue.
My role is not as an economist but someone who is spiritual and in the know that we are in the last days and everything in prophecy is coming true. That includes the end of the World Order and the systems that it is based on. The two pillars of The Establishment are religion and finance and both are crashing.
When the GFC happened it was the result of lending for home purchasers whereby the value of properties was highly inflated and money was handed out to those who could not repay it. So what will happen now when interest rates are so low, one and a half percent in Australia alone, and the value of properties is skyrocketing. Houses in Sydney that sold for a couple of thousands of dollars 40 years ago are now selling for over a million with some well over that figure.
Many houses in Sydney are empty because they are owned by overseas investors who are waiting for their value to increase. The ordinary working couple are so desperate to buy a home that their mortgages are often higher than what they can reasonably afford. That means going without essentials to meet the payments. It’s an unsustainable situation.
This is only a small example of what the financial world is facing because it is inevitable that the value of homes will suddenly drop, as they did in the USA and elsewhere to spark the GFC. When it happens it will leave the financial institutions with huge debts that no one can repay. In an attempt to prevent that from happening the banks in Japan are paying people to take out a mortgage. The same must soon happen in Australia and elsewhere if the bubble is to be kept floating.
The world is changing before our eyes as the massive population is having an effect on supply and demand. Prophecies state that this is another sign we are in the end times and that all who have lived before are back. My reincarnation proves that this is the case as we have all returned and are here to learn the truth at the end.