Worldwide Fundamental Policy Question

Sovereign Debt Crisis = Banking Crisis

Global Debt Hits A Record $247 Trillion…

“debtor nation meaning:
a country that owes more to other countries than other countries owe to it. –dictionary.cambridge.org

…If not this solution:

• Debt Jubilee
• Debt Write-offs
• Debt Forgiveness

Then what?

According to the Federal Reserve Bank of Minneapolis:
“Negotiations to restructure sovereign debt are time consuming, taking almost a decade on average to resolve.”

As the U.S. Dollar & Rates rally

The Sovereign Debt Crisis is still Simmering.
2008-2009 was only a small taste of the looming catastrophe.

Central banking is rotten at the core.

How will the nations respond as the U.S. Dollar and rates rise and the value of emerging market debt declines and the risk of default rises, making it more costly for emerging economies to repay their debts?

I have discussed the IMF’s plans and research papers for the “reset”, but who can say what will actually happen as plans may not go as planned by the globalists as social unrest and grassroots populism seek innovative alternatives…

This is not an accident, it is policy

∇

The crisis is building in debt rapidly.
Even the ECB came out and said it would stop its bond-buying program and only a fool would expect rates to stay the same. I seriously doubt, based on my sources, that the ECB can stop buying bonds without a major global crisis. Draghi will keep buying until he is out the door come October 2019. I seriously question if Draghi will be able to hold it together beyond the First Quarter 2019. –armstrongeconomics.com

WORLD’S LARGEST DEBTOR NATIONS (All Amounts In US Dollars)

 

RANK	COUNTRY	EXTERNAL DEBT % OF GDP	GROSS EXTERNAL DEBT	GROSS DOMESTIC PRODUCT	EXTERNAL DEBT PER CAPITA
1	Ireland	1,239.0	2.26 Trillion	182.1 Billion	478,087
2	United Kingdom	451.4	10.157 Trillion	2.250 Trillion	161,110
3	Switzerland	391.3	1.332 Trillion	345.2 Billion	174,022
4	Netherlands	367.0	2.590 Trillion	705.7 Billion	154,820
5	Belgium	353.7	1.457 Trillion	412.0 Billion	139,613
6	Denmark	283.2	591.4 Billion	208.8 Billion	106,680
7	Hong Kong	265.7	939.8 Billion	353.7 Billion	131,380
8	Sweden	262.3	995.20 Billion	379.4 Billion	109,318
9	France	254.4	5.632 Trillion	2.21 Trillion	85,824
10	Norway	246.9	653.29 Billion	264.5 Billion	138,783
11	Finland	244.8	478.84 Billion	195.6 Billion	90,984
12	Austria	241.3	847.95 Billion	351.4 Billion	103,160
13	Portugal	207.3	511.94 Billion	246.9 Billion	47483
14	Germany	183.9	5.674 Trillion	3.085 Trillion	69,788
15	Greece	178.9	546.92 Billion	35.6 Billion	50,792
16	Spain	169.5	2.392 Trillion	1.411 Trillion	50,868
17	Australia	139.9	1.283 Trillion	917.7 Billion	58,322
18	Italy	136.6	2.494 Trillion	1.826 Trillion	40,724
19	Hungary	110.3	216.16 Billion	195.9 Billion	21,706
20	United States	99.46	14.959 Trillion	15.040 Trillion	47,664

 

Data For This Page were Taken From CNBC.com

View Original Here

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Read:

The U.S. as a Debtor Nation: What It Really Means | The Heritage …
September 24, 1985 3 min read
http://thf_media.s3.amazonaws.com/1985/pdf/em92.pdf

Not A Accident, But A Policy
https://ronmamita.wordpress.com/2014/10/29/not-a-accident-but-a-policy/

Another Look At The Planet Of Debt
https://ronmamita.wordpress.com/2015/05/07/another-look-at-the-planet-of-debt/

‘There is not one single national economy in the world today whose people are free’
https://ronmamita.wordpress.com/2013/11/15/there-is-not-one-single-national-economy-in-the-world-today-whose-people-are-free/

The Sovereign Debt & Pension Crisis Expanding
https://www.armstrongeconomics.com/world-news/sovereign-debt-crisis/the-sovereign-debt-pension-crisis-expanding/

I collated Details About The Monetary System Reset – Includes De-dollarization & Blockchain Asset Digitization Digital Economy
https://ronmamita.wordpress.com/2017/08/10/i-collated-details-about-the-monetary-system-reset-includes-de-dollarization-blockchain-asset-digitization-digital-economy/

Ruling Class: Implementing Disruptive Policies & Technologies
https://ronmamita.wordpress.com/2018/07/06/ruling-class-implementing-disruptive-policies-technologies/

IN CONTROL OF THE WORLD, Because…
https://ronmamita.wordpress.com/2018/07/14/in-control-of-the-world-because/

Deconstructing Delays in Sovereign Debt Restructuring
Working Paper 753 David Benjamin Mark L. J. Wright Senior Vice President and Director of Research Published July 16, 2018
https://www.minneapolisfed.org/research/wp/wp753.pdf

As Global Debt Hits A Record $247 Trillion, The IIF Issues A Warning
https://www.zerohedge.com/news/2018-07-10/global-debt-hits-record-247-trillion-iif-issues-warning

Universal debt forgiveness and the imminent global debt jubilee
http://alcuinbramerton.blogspot.com/2011/06/universal-debt-forgiveness-and-imminent.html

4 Rules To Survive The Coming Worldwide Debt Default – Forbes
https://www.forbes.com/sites/johnmauldin/2018/07/24/4-rules-to-survive-the-coming-worldwide-debt-default/

Modern Debt Jubilee
http://moderndebtjubilee.blogspot.com/

The Future of Governance is not Governments
https://ronmamita.wordpress.com/2018/04/17/the-future-of-governance-is-not-governments/

Programmers & Engineers help us!
https://ronmamita.wordpress.com/2018/02/22/programmers-engineers-help-us/

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About RonMamita

Want Worldwide PEACE and Prosperity. We are the solution we have been searching for... Free People on Earth will solve our crisis and create an era of Creativity. Be Aware; Be Creative; Be Active; Be Free; and then Share it. LOVE & Wholeness AMOR y Paz

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