What a crazy day this has been!
Tens of thousands of subscribers were just online with us for the third and final session of our emergency conference! (Go here for all three 20-minute video recordings.)
We’re already receiving glowing accolades from friends and subscribers.
They’re already raving about the NAMED investments and profit opportunities that blow your mind.
And this is just the beginning of the story!
Threat to ‘Sink Japan’ into the Ocean
Soon before we headed into the Weiss/Edelson TV studios for today’s session, a North Korean state agency threatened to use nuclear weapons to “sink Japan” and reduce the United States to “ashes and darkness.”
We prep for the subscriber conference. The sound of Korean words ring in my ears. It’s the voice of North Korean leader Kim Jong-un, who just four days ago praised the “perfect success” of the country’s sixth and largest nuclear test.
A 120-kiloton hydrogen bomb. Exploding with eight times the destructive power of the “Little Boy” atomic bomb dropped on Hiroshima 72 years ago. His prime target: Tokyo, where my son Anthony lives and works. (Elisabeth and I asked him to consider leaving. But he refused.)
The cameras begin to roll. Flashing in my mind is the first novel I ever read in Japanese: Nihon Chinbotsu. It was serious, hard-core science fiction.
They later made it into a Japanese movie and then an American one, “Tidal Wave,” which were not so serious.
The book and movies were based on a geologist’s prediction that the entire Japanese archipelago would sink into the Pacific within 40 years, later revised to 338.54 days.
Back then, I was just a young man, and I laughed. Now I’m not laughing anymore … and it’s not because I’m old. Nor is it because I fear another giant tsunami-causing earthquake like the one that rocked Anthony’s train to Akihabara in Tokyo six years ago.
It’s Kim Jong-un that scares the heck out of me. Will he do any of the things he’s threatening to do? My rational self says, “highly unlikely.” But that doesn’t change the fact that …
1. He HAS explicitly threatened to nuke Japan — and the U.S.
2. He has — or will soon have — the ability to carry out his threats.
3. The United States and its allies are running out of non-military options to stop him. And any pre-emptive attack will inevitably transform mere threats into real destruction.
But none of the above is the most immediate concern. What IS of urgent concern is something entirely predictable and already happening … just as we predicted in the first session of the conference on Tuesday.
Here are some of the FINANCIAL facts of life we covered …
- Japan is now moving swiftly to militarize.
- The government will immediately borrow and spend tens of trillions of yen to buy new defensive weaponry.
- And it will pile up a whole new layer of debt onto what is already the biggest debt Godzilla of all time. (More than DOUBLE the size of the country’s entire economy).
But it’s not alone. Europe must leap ahead with a similar program to counter the threat from Russia. The United States is already galloping in the same direction. Both are also swimming in debt.
It’s all part of the rising cycle of war we’ve been warning you about.
We pray it will never happen.
And the chances are still good it won’t.
But the financial consequences are upon us. And as I explain in Financial Day of Reckoning, Video 1, they are turbo-charging the economic cycles that were already on a collision course.
Fortunately, there ARE constructive steps you can take — both for protection and immense profit, as we lay out in this report.
And what’s also very fortunate is that there still IS time to prepare … and to join us in this endeavor.
Good luck and God bless!
Martin
Dr. Weiss founded Weiss Research in 1971 and has dedicated his entire career to helping millions of average investors find truly safe havens and investments. He is Chairman of the Weiss Group, which includes Weiss Research and Weiss Ratings, the nation’s leading independent rating agency accepting no fees from rated companies. His last three books have all been New York Times Bestsellers and his most recent title is The Ultimate Money Guide for Bubbles, Busts, Recession and Depression.
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It is extremely unlikely that if the United States, Japan and North Korea fight a nuclear war, that there will be a favorable climate for investing in anything whatsoever. Trading markets might not even be open in such a situation, and might remain closed for a long time. If nuclear weapons strike U.S. territory, it might take a very long time before the U.S. economy is back on its feet and any investments become profitable.
Even if there is only a financial catastrophe in Japan and/or Europe, it will probably hit the United States almost immediately as well, because of the large portfolio of “derivatives” from Japanese and European debt instruments of many U.S. financial institutions and other corporations. If it is indeed true that Japan and Europe are approaching financial Armeggadon, financial advisors should only steer their clients into investing in companies or investment funds that have few or no Japanese/European “derivatives” or other debt instruments in their portfolios.
Debt is a zero-sum game. I would like to see some analysis as to whom the Japanese and European debt is owed. If I owe my brother $1,000, he may abide with my spending behaviour longer that a stranger would. He might also be reluctant to foreclose on me and might even loan me a little more in the hope I will reform my un-reformable ways/debt. If the Japanese owe most of their debt to other Japanese (don’t know if this is true) then they will have endure their own forbearance. If it is owed to other governments, perhaps they will also bear with the Japanese a bit longer, as it might adversely affect their economies. As to such likes as the Buffet’s of this world, writing off 20% of their debt won’t affect their wealth anyway.
We know what is owed, but the real question is to whom it is owed and the level of their forbearance!