The Wall Street Journal wrote an article today, Monday, July 18, 2011, “Seeking A New Haven”, discussing how many investors wanted to know how to invest in German bunds, or bonds, which they were considering along with gold and FDIC insured deposits as a safe haven for money. Mike Schumacher of UBS, a Swiss bank says, “Most people regard Germany over the long run as probably the most financially conservative big issuer.”

What’s wrong with this scenario as the August 2 deadline approaches ever nearer when the United States is supposed to raise its debt limit or default on its bonds for the first time in history? Ward McCarthy, a British financial advisor hints at it, “It would be the end of financial markets as we know them now.”

That doesn’t say enough. Really it would be the beginning of America’s decline. That would signal the build up to another world war, World War III. Hitler didn’t win the last war. Nor did the Kaiser win the war before that. Germany is tied up in our political system and our world hegemony. If we went down, they would go down with us despite their conservative bunds.

So the move by investors to buy bunds up is really a “feel good thing”. It doesn’t mean much except that maybe the United States should hire German advisers to run their treasury department.