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    The Yield Curve Knows Joe Biden Is An Illegitimate Communist Plant Bent On Destroying America

    March 8, 2021
    3 Comments
    The Yield Curve Knows Joe Biden Is An Illegitimate Communist Plant Bent On Destroying America
    US 10 year bond yield
    Screenshot CNBC

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    Interest rates are spiking all along the yield curve. This morning the U.S.10 year bond is above 1.6%. Financial markets are fluctuating, unsure of where the future leads. Traders are positioning, some believe the market moves higher as we recover from the lockdowns, others believe the Federal Reserve bank of the United States, along with Congress, are committing hari-kari for you and me.

    Lucky us.

    Individual investors are left wondering where to put their money. Well, let me mansplain something for you.

    America is now almost $30 trillion in debt and growing. This is an astronomical figure, and clearly not sustainable. Fiscal 'policy' (we use that term lightly) and monetary 'policy' are no longer connected to reality. There is a simple reason for this -- they are not meant to be. Conserving the value of the US dollar, and preserving economic might for our children went out the window a long time ago.

    Now, the goal is simply to destroy America. Beijing Biden (or should we say Barack Hussein) are moving as fast as they can to destroy the nation, make her insolvent.

    You see, this is what communists do, and what communist plants in The White House do.

    No one believes the Biden administration is legitimate. No, they are the ultimate Manchurian politicians (quite literally, working for the Chinese Communist Party). All you have to do is read Hunter's laptop from Hell to figure that out. Remember, 10% goes to the 'Big Guy'!

    The Fed has been involved in our bond market for years, as an active participant. They have been buying bonds to keep U.S. interest rates low. The US cannot service its staggering debt if they are allowed to rise.

    There is an old saying on Wall Street -- interest rates are low until they're not.

    At some point, the Fed will lose control of the yield curve. The bond market will take back control. Before all this Fed interference, there was a term used frequently -- bond vigilantes. The market would force higher interest rates for bad policy.

    Now it's only a matter of time.

    So what if interest rates rise, you say? How does what happens on Wall Street effect me in Topeka? Well, interest rates are the cost of borrowing money. Do you have a business that needs capital? Do you want to buy a car? Do you have a variable rate mortgage, or want to get a mortgage? It will cost you A LOT more money, and may price you out of the transaction.

    This means less economic transactions, less tax revenue to Uncle Barack, and less ability to even service the debt.

    Every one percent rise in US interest rates equals hundreds of billions of dollars of debt service cost for the Federal government. If rates rise significantly, we become insolvent. Now you know why Hussein doubled the debt during his time in office, adding more than all other administrations combined.

    An interest rate shock (and it's coming) will wreak havoc on the economy. It will destroy equity prices.

    Many of our readers are too young to remember the 'misery index' under President Jimmy Carter, where mortgage rates were 20%. Biden is Carter on steroids.

    The average yield of the U.S. 10 year bond historically has been around 5%. We are at 1.6%. Just to get us back to normal will make the nation insolvent.

    And, don't forget who owns a few trillion of our debt - yes, the Chinese Communist Party. What would happen if they sold all those bonds at once? Yes, you guessed it, interest rates would spike and possibly drive a stake through the heart of America.

    The bond market knows all this of course. The market knows Biden (Obama, Kamala, Rice) have no desire to save the country. Quite the opposite.

    This is why yields are spiking, and will continue to move higher.

    The market knows.

    The only silver lining is that it's darkest before dawn. Americans will be forced to become really 'woke' to what is going on.

    There is still time to save the nation, but we need a legitimately-elected president who will do what's right for the country, not sell us out to the Chicoms.

    Do you miss Trump yet?

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    Author

    L Todd Wood

    L Todd Wood, a graduate of the U.S. Air Force Academy, flew special operations helicopters supporting SEAL Team 6, Delta Force and others. After leaving the military, he pursued his other passion, finance, spending 18 years on Wall Street trading emerging market debt, and later, writing. The first of his many thrillers is "Currency." Todd has been a national security columnist for The Washington Times and contributed to One American News, Fox Business, Newsmax TV, Moscow Times, Novaya Vremya (Ukraine), the New York Post, National Review, the Jerusalem Post, Zero Hedge and others. He is also founder/publisher of CDM. For more information about L. Todd Wood, visit LToddWood.com.
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    The Searchers

    Probably a monetary collapse would cement the current administration’s control over the country and could even include measures such as a totally new currency with devaluation and would require take over of the banking system and confiscation of deposits as occurred in Malta.
    This would include implementation of a cashless society and government confiscation of gold and silver, only gold being previously confiscated during the FDR administration.

    JOHN THE FOX

    IT'S ISLAM NOT CHINA THAT IS DESTROYING AMERICA. MUSLIMS USE WAR, TERROR, ECONOMICS, INFILTRATION, AND THE IMPLEMENTATION OF SHARIA LAW TO CONQUER NATIONS AND TO DESTROY PEOPLES! OSOMA OBAMA HAD THE GREAT L SHAPED RECESSION THAT BEGAN WHEN THE MARKETS REALIZED THAT HE WAS GOING TO BE ELECTED PRESIDENT. THE L SHAPED GREAT RECESSION DID NOT END UNTIL TRUMP WON ON NOV3 AND THE TRUMP BUMP BEGAN!
    THE BIDEN GREAT DEPRESSION/HYPERINFLATION BEGAN, WHEN IT BECAME OBVIOUS THAT THE COURTS WOULD NOT OVERTURN THE STEALING OF THE ELECTION FROM TRUMP! EVERYTIME A DAMN DEM GETS INTO OFFICE THE ECONOMY SUFFERS! FDR A DAMN DEMOCRAT WAS PRESIDENT FOR 10 OF THE YEARS THAT THE GREAT DEPRESSION ENDURED! HE MELTED DOWN THE SILVER COINS. TRUMAN WAS PRESIDENT DURING THE GREAT RECESSION POST WWII. THEN JOHNSON GOT RID OF THE REST OF THE SILVER COINS! JOHNSON BEGAN OUTSOURCING AMERICAN JOBS OVERSEAS. CARTER HAD THE MISERY INDEX, THAT WAS HIGH INTEREST RATES AND INFLATION. THEN CAME REAGAN A FORMER DAMN DEMOCRAT WHO GAVE US "DEFICIT SPENDING", THEN CLINTON WHO ADDED TO THE DEBT. THEN CAME OSOMA OBAMA AND HE DOUBLED THE NATIONAL DEBT! CASH FOR CLUNKERS, THE COST OF A BUTTERFINGER, ICE CREAM AND MANY OTHER ITEMS INCREASED MORE THAN 300% UNDER HIS REIGN OF TYRANNY! NOW MUSLIM BIDEN, IS GOING TO MORE THAN DOUBLE AMERICAS DEBT, HYPERINFLATE OUR CURRENCY, AND DESTROY AMERICA FROM WITHIN WITH NO BORDERS, NO POLICE, NO SECURITY, NO JOBS, NO FOOD, AND NO HOUSING!

    Eric

    Guess again! Biden was the likable dupe the "destroy America" cabal will murder (a la Antonin Scalia) to make room for the real plant, Kamala Harris. Too bad it won't work!. Psalm 2:4-5. "He Who sits in the Heavens shall laugh; the LORD shall hold them in derision. Then He shall speak to them in His wrath, and distress them in His deep displeasure." Kamala has numerous profound Christians in her family. She knows better. Let us pray she repents.

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