This report contains graphics showing debt by country:
https://www.zerohedge.com/markets/visualizing-state-global-debt-country
This related report discusses Argentina's latest attempt to address their huge debt:
https://multipolarista.com/2022/02/06/imf-debt-argentina-russia-china-belt-road/
This situation brings up an intriguing possibility. If China can provide the world with a working alternative economy (i.e., an alternative to the West's "economic hit man" model), what will happen if nations just repudiate their existing debt and join the Chinese alliance? That would DESTROY the US/UK/EU economic system.
It would not surprise me if such a thing were to happen, and happen soon. The debt of most countries is unsustainable and seemingly inescapable. Their only hope is to start over, and the WEF's "great reset" version of that possibility is even worse for them than the status quo.
The OBOR initiative is their only possible savior. And if they flock to it, we're screwed. Frankly, considering how we've been acting for the past 85 years it's exactly what we deserve.
No comments:
Post a Comment