Financial Crisis Misunderstood (Crise financière Incompris)
Money (debts) is making the EU members suffer. Money (debts) is inflicting a heavy blow on the American Government.
But, there are so many rich men in the E.U. and the U.S. They will not offer their money for free to their governments to save their nations. Conversely, for them to continue to be rich, their governments have to be indebted.
According to Christ Jesus, behind money is the Devil. That is why rich men in Europe and America are servants of the Devil who is making the EU members suffer and inflicting a heavy blow on the American Government.
SECTION I: Foreign Debts vs. GDP
Most of Americans and American journalists do not know the ratio of American foreign debts over its GDP is far smaller than most of countries, including Greece, and Japan's ratio is far smaller than America's.
They will be further surprised to know that Japan has the largest foreign financial assets in the world, namely more than America and China.
They should be simply surprised to know that China suffers 100,000 social riots per year (that is, clashes between citizens and the police) while Japan has no riots like America.
So, American people and world citizens have to come to wonder why the Western media have advertised in these decades that Japan was going to be over, Japanese economy was worse than any country's, Japan was full of the homeless, Japan's GDP was ever going down, and Japan was going to go bankrupt soon around 2000 or 2005 or 2010.
Evil in the Western world really wants Japan to go down and China to prevail. Evil in the Western world likes to see a million riots per year in the world under Chinese influences. It is so, since evil is so anti-Christ.
There are many anti-Christ bad guys in the Western media so that Greece and others are now struggling with financial disasters.
Anti-Christ bad guys in the Western media really want to see a hard decline of the Western world, praising China so much while China suffers 100,000 social riots per year (that is, clashes between citizens and the police).
And from a point of view on the ratio of foreign debts over GDP, Greece is not so desperate. It can recover from its financial crisis thorough self control of its financial administration and social systems. What is worse can happen in Ireland or the U.K.
SECTION II: Debts in America and Japan
The absolute value of the debts taken over by the U.S. Government is about $14 trillion.
The absolute value of the (long-term) debts taken over by the Japanese Government is about $8.4 trillion.
The ratio is 1.67
On the other hand, the ratio of GDP between the U.S. and Japan is 2.9 ($14.3 trillion/$4.9 trillion).
In this context, the U.S. Government seems to have more room for its financial security.
But, the U.S. has more huge debts in social security services, Medicare, and Medicaid systems. In total, American (federal and public sector) debts reach $75 trillion.
On the other hand, Japan has huge external assets, including US Treasury bonds worth $0.9 trillion. This is not deducted from the calculation of the Japanese government debts.
While rating companies rank the U.S. Government bond higher than the Japanese Government bond (JGB), market players are selling U.S. Treasury bonds while China is buying JGBs, though most of JGBs are owned by Japanese financial institutions.
Therefore, the Western media have failed in this point, too, as with credit-rating firms.
However, I would not say, "America is going to be over, American economy is worse than any country's, America is full of the homeless, America's GDP is ever going down, and America is going to go bankrupt soon around 2015 or 2020 or 2025."
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People read 1000 books on money to solve big problems in vain.
Them. they will read other 1000 books on money to solve big problems in vain.
Finally, they will leave every book but buy and sell money only to earn any bit little of margins for their own profits.
All they have to do is, of course, read one book, the Bible. Then, they will solve every problem. And, there will be no such things as personal profits.
Yet, ordinary people are afraid of living without money if so blessed by the God. Nonetheless, the God might give resources of life in a form of money. In the case, money is no more money but something holy. But, has anybody seen money that is not under control of the Devil but under control of the God?
It cannot be imagined that Christ Jesus buys anything with money.
Joh 6:16 And when even was now come, his disciples went down unto the sea,
Joh 6:17 And entered into a ship, and went over the sea toward Capernaum. And it was now dark, and Jesus was not come to them.
Joh 6:18 And the sea arose by reason of a great wind that blew.
Joh 6:19 So when they had rowed about five and twenty or thirty furlongs, they see Jesus walking on the sea, and drawing nigh unto the ship: and they were afraid.
Joh 6:20 But he saith unto them, It is I; be not afraid.