"What happens when a dying consumer economy has...borrowed all the debt it's capable of absorbing?"

[haikugal]

3. .

From the link...

We know these regimes are all bankrupt, because none of them can afford to pay normalized (i.e. legitimate) rates of interest on their massive, sovereign debts. Since 2008, only one Western nation (outside of Iceland) has been forced to pay normalized rates of interest on its debts: Greece. And (in conjunction with Austerity) doing so has bankrupted it not once, but twice , in the span of three years.



What is implied when a collection of bankrupt economies is deliberately crashed, after the financial systems of all these economies have been deliberately chained together by the banksters like dominoes? It should mean, simply, “the end” (i.e. Debt Jubilee ).



However, as we see these Western, fascist, puppet-regimes banning public protest , banning free speech , and creating their “secret police”, what it more-likely means is the One Bank choosing to stage yet another Great War. In “the fog of war”, this Old World Order hopes that it can hide the complete-and-utter economic devastation which it has wrought, and somehow retain its corrupt choke-hold on political power, financial power, and the Corporate media propaganda machine.





Let’s hope that that the One Bank has miscalculated – again.

My son may be on layoff again soon. We barely survived the last time....2009 thru 2011...what work there was didn't pay enough to cover expenses. It took that long to find this job.