NWO predatory debt-slavery explained
The gobalist NWO predatory debt problem in a nutshell.
Emerging market (EM) predatory dollar debt runs on a 7-8 year bankruptcy cycle. It repeats
a devastating pattern of economic gutting. This is a planned NWO economic destruction cycle. All under the guise of ‘helping’.
Jim Willie explains:
http://goldenjackass.com/C2M-639-Willie_(Seg_2).mp3
“….there is now an impaired [amount] between 9 and 15 Trillion dollars of debt, bad dollar loans
from emerging market (EM) nations….there is a truckload, boatload, mountain side of impaired dollar loans….”
“How did that happen? …Q: “Jim, I don’t understand how EM nations have all this bad debt, aren’t we helping
to build up their economies?” …Yes, but in the last 6 or so years we have given them a lot of extended [dollar] credit telling them it is No-Risk. Not ‘Low-Risk’ but ‘No-Risk’ because it is near zero percent. “
“The risk is with their currency which is DOWN 15% to 40% depending on the EM nation.” [example: Venezuela]
“Q: Oh, i get it, they can’t pay their loan off because their home currency has gone to cr@p?”
“….Yes, that’s it. Do you think Janet Yellen and Stanley Fischer at the Fed are going to say ‘let’s cover that 10 Trillion’?” [ie. debt forgiveness] No! We’re going to say let’s go in there and take over their countries. It’s predatory. Debt can be predatory.”
[1:14 min Jim Willie Explains EM Debt and More]
