|Let the heavens rejoice, let the earth be glad;
let the sea resound, and all that is in it.
Let the fields be jubilant, and everything in them;
let all the trees of the forest sing for joy.
Let all creation rejoice before the Lord, for he comes,
he comes to judge the earth.
He will judge the world in righteousness
and the peoples in his faithfulness.
|“You should sit in meditation for twenty
minutes every day — unless you’re too
busy. Then you should sit for an hour.”
- Zen proverb
|Don't Worry , but be very concerned...
In Lewis Carroll’s Through the Looking-Glass, the Queen would sometimes believe as many as six
impossible things before breakfast.
She is probably working in the bond markets now.
The average yield on all German government debt is now less than zero, for example. This doesn’t really
make any sense, but then not much does any more in the interest rate markets.
We saw last month that the Danish sex therapist (this detail being entirely gratuitous) Eva Christiansen had
just been approved for a small business loan at a rate of minus 0.0172%. Ms. Christiansen is herself
receiving interest on the loan she’s taken out.
At the same time Danish depositors are paying 0.5% for the ‘privilege’ of keeping their money in the bank.