Will Japan Reconstruction fuel up 60-Year Interest Rate Cycle?

Attached below is McClellan Financial Publications -60-Year Interest Rate Cycle

There is also another publication-Endgame: The End of the Debt SuperCycle and How It Changes by
John Mauldin and Jonathan Tepper

Copy-cat:
From Q&A with Authors John Mauldin and Jonathan Tepper
"---by 2008 the burden of debt became too much to bear and the debt supercycle came to an end. People started deleveraging and banks started collapsing due to low levels of capital and large losses from loans people couldn't pay back.

How does the sovereign debt crisis play into this?
The rapid contraction in debt levels due to default and deleveraging lead to a fall in economic activity as people started saving and cutting spending. Governments immediately stepped in and backed bank debt with explicit guarantees. Governments also started borrowing and spending to transfer money to the private sector, for example via unemployment insurance. So in a very real sense, private borrowing was replaced with public borrowing. Debt was added onto more debt. Rather than free itself of debt, the system now has more debt. The sovereign debt crisis is the recognition that most of this debt will not be paid back, and governments are making promises to pay debt and other obligations, for example general spending and pensions, that they simply lack the ability to fulfill.

What is the impact of the end of the debt supercycle?

The end of the debt supercycle and the beginning of the sovereign debt crisis present problems and challenges for investors and governments. Governments will need to either 1) inflate, 2) default or 3) devalue, which is similar to inflate. That is the way governments have historically dealt with too much debt. Some countries will experience deflation and others inflation, depending on what choices governments make. Currently governments have only bad and worse choices. Let's hope they can choose wisely.

What do you predict for the next ten years?
Central banks globally have shown a predisposition to print money to solve problems. We forsee rising inflation in many parts of the world, reductions in real income as people lose purchasing power due to higher food and fuel prices and more macroeconomic volatility. .

Copy Cat- Serge J. Van Steenkiste's Revirw
"John Mauldin and Jonathan Tepper clearly set the stage for how to invest and profit from what they call the "Endgame." The Endgame follows the "Debt Supercycle." The debt supercycle refers to the unsustainable rise of debt over a period of 60+ years mostly in the private sector of the developed world that culminated into the global financial crisis that erupted in 2007-08 (pp. 8; 12; 15; 25; 40; 108). The endgame points to a crisis in the public sector debt, which (will) occur when (Western) governments run into the limits of their ability to borrow money at today's low rates --Unless central banks print money, the financing of large government debt runs the risk of crowding out business investment that relies on savings of consumers and businesses (pp. 53; 121-122).

"Mauldin and Tepper point out that there is no way to know in advance when bondholders will suddenly lose confidence in the ability of a government to pay its debt, even if that debt is denominated in a currency that the government can print (pp. 13-14; 32; 54-55; 57; 94-98; 125-127; 186-188; 259; 263; 279-281). When countries have too much debt, they usually inflate away excessive debt. Devaluation and default on debt are the two other options available to over-indebted countries (pp. 25; 110; 122-125; 128-131; 158; 180; 200; 229). To compensate for this higher perceived risk, bondholders will press for a rise in interest rates, which will further debilitate the capacity of a country to refund its debt (pp. 55; 105; 123; 231). A program of austerity becomes a necessity to bring the debt back to acceptable levels and to reinvigorate the confidence of bondholders (pp. 12; 154). Without the precarious and fickle confidence of bondholders, the ability to roll over (large) debt, especially short-term one, or borrow new debt at affordable rates, crumbles concomitantly with the liquidity of the financial markets and the economy (pp. 94; 96; 278). "

Anthony Harrington exposes John Mauldin’s C + G – T = 0 (zero)formula for the case of austerity in Europe (C here is the Domestic Private Sector Financial Balance, G is the Government Fiscal Balance, and T is the Current Account Balance, which means a country’s Trade Deficit or Trade Surplus ):
"that if you want to turn a trade deficit into a trade surplus, to trade your way out of a grievous debt hole as a country, you can’t have consumers and government both in austerity mode (i.e. aiming to run surpluses). If two of the elements are positive, the third has to be negative. So if, as a matter of fact, your population is paying down debt, by choice, rather than spending, and if you want to trade your way out of trouble as a country, it is sheer accounting illiteracy for government to think that now’s the moment to implement deep spending cuts."

Porky-The new Paradigm ,of course ,lies in Japan Reconstruction--MY hunch is it will even worsen the situation

As to the usual astro wild guess
BBA LIBOR fixings did not commence officially before 1 January 1986
日　　　　月　　　　年
乙　　　　戊　　　　乙
巳　　　　子　　　　丑
2003　→　　2013　丙戌大運
2011辛卯 clashes 年乙丑
2012壬辰 clashes 丙戌大運

2013　→　　2023　乙酉
酉巳丑=金=官殺(Pressure)

2023　→　　2034　甲申
巳申合水, 巳刑申，这叫合中带刑,甲=劫財--no good

2034　→　　2044　癸未
癸偏印 vs 未偏財 plus 戊癸=火,戊財 gone??

2044　→　　2054　壬午
壬午 clashes 月戊子--big cahnge with Libor system??

Porky's hunch is rising interest rates (another 60-yr cycle??) will come soon

sigh