Tag Archives: state bankruptcies

Plausible: Sovereign Default on a Global Scale

Now it enters people’s imagination: the possibility that the New World Order aims at one world government with “emasculated” nation states.

This article on OpEdNews.com is a good sign for the fact that people don’t understand the severity and impact of national debts:

  • the continuous loss of purchasing power
  • the steadily increasing dependence on banks and central banks
  • the growing dependence of successive governments on more and more borrowing.

This is how, gradually, the New World Order could establish itself, aiming at more and more

  • concentration of power
  • centralisation of control
  • governance by one world currency.
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Sovereign Debt – The Implications for Currencies and Gold

Sovereign debt hangs like an albatross around the necks of too many countries.

This is the first sentence of an insightful article by The International Forecaster.

The perspective is not only the one of an investor, but also mainly American. But investors “see more” than academics!