The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis


By Michael Snyder

There has been so much attention on Greece in recent weeks, but the truth is that Greece represents only a very tiny fraction of an unprecedented global debt bomb which threatens to explode at any moment.

As you are about to see, there are 24 nations that are currently facing a full-blown debt crisis, and there are 14 more that are rapidly heading toward one.

Right now, the debt-to-GDP ratio for the entire planet is up to an all-time record high of 286 percent, and globally there is approximately 200 TRILLION dollars of debt on the books.  That breaks down to about $28,000 of debt for every man, woman and child on the entire planet.  And since close to half of the population of the world lives on less than 10 dollars a day, there is no way that all of this debt can ever be repaid.  The only “solution” under our current system is to kick the can down the road for as long as we can until this colossal debt pyramid finally collapses in upon itself.

As we are seeing in Greece, you can eventually accumulate so much debt that there is literally no way out.  The other European nations are attempting to find a way to give Greece a third bailout, but that is like paying one credit card with another credit card because virtually everyone in Europe is absolutely drowning in debt.

Even if some “permanent solution” could be crafted for Greece, that would only solve a very small fraction of the overall problem that we are facing.  The nations of the world have never been in this much debt before, and it gets worse with each passing day.

According to a new report from the Jubilee Debt Campaign, there are currently 24 countries in the world that are facing a full-blown debt crisis

  • Armenia
  • Belize
  • Costa Rica
  • Croatia
  • Cyprus
  • Dominican Republic
  • El Salvador
  • The Gambia
  • Greece
  • Grenada
  • Ireland
  • Jamaica
  • Lebanon
  • Macedonia
  • Marshall Islands
  • Montenegro
  • Portugal
  • Spain
  • Sri Lanka
  • St Vincent and the Grenadines
  • Tunisia
  • Ukraine
  • Sudan
  • Zimbabwe

And there are another 14 nations that are right on the verge of one…

  • Bhutan
  • Cape Verde
  • Dominica
  • Ethiopia
  • Ghana
  • Laos
  • Mauritania
  • Mongolia
  • Mozambique
  • Samoa
  • Sao Tome e Principe
  • Senegal
  • Tanzania
  • Uganda

So what should be done about this?

Should we have the “wealthy” countries bail all of them out?

Well, the truth is that the “wealthy” countries are some of the biggest debt offenders of all.  Just consider the United States.  Our national debt has more than doubled since 2007, and at this point it has gotten so large that it is mathematically impossible to pay it off.

Europe is in similar shape.  Members of the eurozone are trying to cobble together a “bailout package” for Greece, but the truth is that most of them will soon need bailouts too

All of those countries will come knocking asking for help at some point. The fact is that their Debt to GDP levels have soared since the EU nearly collapsed in 2012.

Spain’s Debt to GDP has risen from 69% to 98%. Italy’s Debt to GDP has risen from 116% to 132%. France’s has risen from 85% to 95%.

In addition to Spain, Italy and France, let us not forget Belgium (106 percent debt to GDP), Ireland (109 debt to GDP) and Portugal (130 debt to GDP).

Once all of these dominoes start falling, the consequences for our massively overleveraged global financial system will be absolutely catastrophic

Spain has over $1.0 trillion in debt outstanding… and Italy has €2.6 trillion. These bonds are backstopping tens of trillions of Euros’ worth of derivatives trades. A haircut or debt forgiveness for them would trigger systemic failure in Europe.

EU banks as a whole are leveraged at 26-to-1. At these leverage levels, even a 4% drop in asset prices wipes out ALL of your capital. And any haircut of Greek, Spanish, Italian and French debt would be a lot more than 4%.

Things in Asia look quite ominous as well.

According to Bloomberg, debt levels in China have risen to levels never recorded before…

While China’s economic expansion beat analysts’ forecasts in the second quarter, the country’s debt levels increased at an even faster pace.

Outstanding loans for companies and households stood at a record 207 percent of gross domestic product at the end of June, up from 125 percent in 2008, data compiled by Bloomberg show.

And remember, that doesn’t even include government debt.  When you throw all forms of debt into the mix, the overall debt-to-GDP number for China is rapidly approaching 300 percent.

In Japan, things are even worse.  The government debt-to-GDP ratio in Japan is now up to an astounding 230 percent.  That number has gotten so high that it is hard to believe that it could possibly be true.  At some point an implosion is coming in Japan which is going to shock the world.

Of course the same thing could be said about the entire planet.  Yes, national governments and central banks have been attempting to kick the can down the road for as long as possible, but everyone knows that this is not going to end well.

And when things do really start falling apart, it will be unlike anything that we have ever seen before.  Just consider what Egon von Greyerz recently told King World News

Eric, there are now more problem areas in the world, rather than stable situations. No major nation in the West can repay its debts. The same is true for Japan and most of the emerging markets. Europe is a failed experiment for socialism and deficit spending.

China is a massive bubble, in terms of its stock markets, property markets and shadow banking system. Japan is also a basket case and the U.S. is the most indebted country in the world and has lived above its means for over 50 years.

So we will see twin $200 trillion debt and $1.5 quadrillion derivatives implosions. That will lead to the most historic wealth destruction ever in global stock, with bond and property markets declining at least 75 – 95 percent. World trade will also contract dramatically and we will see massive hardship across the globe.

So what do you think is coming, and how bad will things ultimately get once this global debt crisis finally spins totally out of control?

Please feel free to add to the discussion by posting a comment below…

Michael Snyder is a writer, speaker and activist who writes and edits his own blogs The American Dream and Economic Collapse Blog. Follow him on Twitter here.

  • James Bennett

    Crash the old.
    Usher in the new.
    The New World Order.

    Thing is.
    It’s not new.
    The World won’t succumb.
    And it won’t be orderly.

    The order out of their chaos will bring humanity together like never before.

    Well, that’s what I hope for on good days.

    • The destruction of the old (dis)order will be a chance for the people to built something better.
      But it won’t happen because people are illiterate and are not willing (able) to learn.

      Learning requires thinking, and thinking is equivalent to pain.
      People avoid pain = they refuse to think.
      If they were just willing to overcome this initial pain…… but this is too much to ask for.

      Nothing will really change !

      “….In the math-anxious brain, the mere thought of solving for X prompts the same neurological response as anticipation of physical pain, according to a new study. Math really does hurt – or at least anticipation of math does. Actually doing the work does not hurt nearly as badly….”
      Link : popsci.com/science/article/2012-11/number-anxious-people-thoughts-math-are-painful-hot-stove-burn

      “….Shocking but true: students prefer jolt of pain to being made to sit and think…..”
      Link : theguardian.com/science/2014/jul/03/electric-shock-preferable-to-thinking-says-study

      • James Bennett

        Fear.
        Folks think that they ARE their belief set.
        Soon, what they believed will be called into question, and the masks will fall.

        (dis) order, like that.

        • Yes, fear is what all governments are built upon.
          That’s because fear is an instinct in all of us and we can be manipulated by those in power.

          A good article on fear would be :

          Fear : The Foundation of Every Government’s Power
          by Robert Higgs, 2005

  • pete fairhurst

    Good lucid article Michael. The house of cards must collapse soon surely?

    One thing that always puzzles me about net world debt is this: How can there be net debt when there must always be an equal creditor and debtor for every borrowed amount? The debt must be owed to somebody surely? So who are the creditors for all this world debt?

    • Randy

      Good observation there, Pete, and an equally good question too! There are really NO DEBTS AT ALL because they are just some bookkeeping entries that were created out of nothing more than thin air! So if there are no real debts, then that must also mean on the reverse side that there are no creditors either, right? Read The Credit River Decision for ample proof of this.
      You cannot create truth out of a lie no matter how many times it is told and embellished, a lie always remains a lie no matter what the liars may want you to believe.
      Unless you are working in a barter system society and someone gives you something in advance of your equal payment/trade for it, there are no debts incurred because all of the electronic bookkeeping entries are just one fraud that is based upon another one. And THAT is the reason why the world wide fiat paper currency system is collapsing right now! The entire system is a scam, a fraud, a ruse, an artifice! The weight of the structure that is built out of flimsy frauds will be too much for it to bear and it will come crashing down. Try stacking even just 50 champagne glasses one upon another, and the bottom one will break under the weight of the 49 sitting on top of it. That is exactly the same thing going on in the world wide fiat paper currency system. Except that not all of the nations of the world have identical glasses, some of them are huge bowls and others tiny thimbles, but the whole stack of them cannot be supported by the few that are on the bottom, ergo the Euro is cracking under the strain placed upon it. And the sheeple of the world are going to be forced to walk through the shards of broken glass barefoot because they didn’t think enough to prepare for such an event! The warnings were all around them, but they didn’t want to pay attention to them.

      Randy

      • pete fairhurst

        Thanks Randy.

        I am sure that you are right about the fiat paper currency system. It is a massive scam. And unnecessary too. It tells you all you need to know about politicians when you realise that they choose to give money creation powers away to private banks. So that all money created is interest bearing and is therefore an iniquitous tax on everybody. When they could create money interest free if they used their own national bank. Politicians are fully owned lock, stock and …

        But still, even under the funny munnee fiat system there must always be a creditor for every debtor surely? So who is excluded from the system? Who has hidden their creditor status from the rest of us? I can have a good guess, but can anybody tell me for sure?

        • Randy

          No Pete, please think about this for a minute or two now. If I just scribble some numbers down on a piece of paper or type them into a computer, how does that mean that an actual debt exists?? If there is no real debt, then there is no real creditor, right? There are no creditors at all, except for the ones who have made an advance to someone with a tangible product of some kind. Electronic promises to pay, are not tangible at all. How can you hand me some electrons from your computer? Why should I accept as a valid means of payment, a piece of paper with a picture of a dead man on it? And furthermore, no one is obligated in any way to “pay off” a fictitious debt of any kind. Read The Credit River Decision for 100% proof of this fact.
          Fraud vitiates ALL that it merely comes into contact with, it does not have to be stirred into the mix before baking, just touching the final end product is all that is needed to turn it into a piece of garbage. The legal system has already said so!

          Randy

          • pete fairhurst

            Thanks again Randy

            I read the Credit River Decision and this confirmed what I already knew about banking practice. There are not 2 signatures for a loan, only one, the borrowers. So there is no lawful contract that the bank can enforce. It is exactly the same here in the uk.

            The “out of thin air” point is actually a bit more subtle than that. The money is created by the “borrower” when he signs a Promissory Note which is all that any bank can show for a mortgage. The borrower, in effect, creates the money by the creation of the note. All the bank does is administer the transaction and for this it charges “interest” for the whole term of the loan. The interest can easily be twice the amount borrowed! Fraud is right. It is one of the biggest scams imaginable and most people don’t have a clue about this and pay up without question.

            So on the basis that the money is created by an initial fraud there can be no creditor. If the same basic system is used for government debt, and I think it is, but I’m not certain, then there is no creditor there either.

          • Randy

            You’re a VERY apt pupil indeed, Pete! The exact same system is used all over the world, that’s why I refer to it as the world wide fiat paper currency system scam! And after enough people are wise to the trick that is being played on them, they will refuse to go to see that show anymore.
            But it doesn’t matter one bit how many “signatures” there may be on anything, the lie can never be made into truth no matter how many people swear or want to believe that it is the truth!
            ANY alleged contract can be vacated for fraud, threat, duress, coercion, mistake, illegality, immorality, impossibility, insanity or minority of age at the minimum, there are probably a few more that you could toss in there as well. But the retarded trolls who post here (like Crock O’ Sh!t) will say that I am daft, even though the legal system is the source of every last one of my facts!!
            Look up the definition of what makes a contract valid in any law dictionary of your choosing, and you will see that those five essential elements which make up a contract are violated all of the time by the ten items on my list. Ergo, there are no valid contracts anywhere!! Show me just one, PLEASE!
            The legal system cannot and must not stand in violation of its own rules and regulations out in the open, for then the people will see for themselves that the legal system is just another fraud being perpetrated upon them and then reject every aspect of it!

            Randy

  • gifteconomy

    We can easly build a parallel economic system that is based on gifting & sharing:
    -save seeds from all meals – learn on Youtube how to germinate it – learn on vertical gardening, gerrilla gardening and use all public space to turn our sities into FREE GARDENS (=paradise)
    -create FREE services and gift and use FREE staff as amuch as you can (LINUX/UBUNTU instead windows; wikipedia instead books…)
    -work for FREE out of passion and love and don’t let nobody to buy and sell you for a salary
    (everybody has to clean behind after use of public WC – nobody should ever clean behind others)
    A GIFT ECONOMY is the solution – it can heal even corruption (stealing/ cheating not possible when all is for FREE) and crime

    • I can “donate” 100.000 bolts to you.

      I need the equivalent in software for my logistics. I’m sure you can “donate” it to me immediately !

      • gifteconomy

        Firt, Lunix, Ubuntu have to charged for FREE (instead windows) – do you have it?

        • I’m not asking for an operating SYSTEM !

          I’m asking you for a PROGRAM !

          DO . YOU . UNDERSTAND ?

          • gifteconomy

            So, you want a program and you don’t care about the system?
            You first need the FREE system? Do you understand?

          • The free sytem I have ALREADY.
            Give me the program I need, and you will receive 100.000 bolts in exchange.
            NOW.

          • gifteconomy

            Ask the same question by those who create FREE UBUNTU / LINUX PROGRAMS !
            it’s not about exchange – it’s about gifting

          • Do I need to look for programmers who need 100.000 bolts ?
            Or will they work for 6 months and then make their work a “gift” to me ?
            What about my 100.000 bolts then ?
            Can I just keep them ?

            Let me keep all what I produce and export it for money.
            But then I will take all the domestic “gifts” to keep my production running…..

            I liiiiike your idea !
            What gift can you give me ?

          • gifteconomy

            I already gave you the most precious gift of all :

            – I showed you that you can germinate trees out of seeds that you already have in your today’s meals (tomato/apple(avocado, cherries..) and that you can start planting FREE food for your neighbours, friends, family… this is the first step toward real sovereignty for each individual that doesn’t need to work for to pay any food; this is zhe first step toward ABUNDANCE to all 8not only for the tiny elite on the top of the hierarcichal pyramide)

            -I gave you lessons on Gift Economy

            -I tought you to use LINUX, UBUNTU…

            Google: guerrila gardening, vertical gardening… learn on Youtube how to germinate seeds

            We can turn our planet into a GREE GARDEN that is paradise

            I wish you sovereignty

          • My business is not gardening.

            So your “gift” were words only ?

            What is about the software I need ?!

          • I’m still waiting for your gift !
            Don’t forget me !

  • gweneth

    the sooner the debt usury taxation system fails the better – unFederal b.s bank you are charged w/ ODIOUS debt from good faith folks sending back their extortion fees.

    Neighbors might have to find some ground to actually grow stuff…cows, sheep and chickens oh my.

  • Randy

    Here’s the really funny part in all of this, the real kick-you-in-the-head fact that virtually everybody but me misses!! It is that there is NO real debt anywhere at all because it’s all just a big fat lie! It’s all a colossal FRAUD from the word GO! How can anyone create a valid medium of exchange out of thin air? It cannot be done! ANY medium of exchange (be it gold, silver, diamonds, wampum, etc), MUST have a substantial amount of human labor as its base or it will soon be debased and cease to exist as a medium of exchange! And something that is tangible must be put in place to show that there really is more to it than only an idea backed by confidence! All that money is, is an idea backed by confidence, but you must have a physical object of some kind to make it real to people. Get it yet?
    HOW does one pay any amount of “interest” on a fictitious loan of a nothingness? Where do the additional bookkeeping entries come from? Ever think about that one? Read The Credit River Decision sometime and see it for yourself, that these banksters commit fraud on a daily basis.
    You can add up over 600 fiat paper currencies that have failed over the last few hundred years before you get past just the letter B of the alphabet, what makes the newer ones any different? The crypto-currencies like BitCONJOB are even WORSE!

    Randy

    • That’s because you don’t understand what Money is, Randy.

      Lern about it.
      In my other comment I gave you a book about money. Start reading now, or you will be in error forever.
      Here it is again : https://www.community-exchange.org/docs/Gesell/en/neo/

      Fraud is the fractional reserve system, not fiat money.

      • Randy

        I already replied to your B.S. nonsense, but it disappeared shortly thereafter, so I guess that someone didn’t like to read the truth, just like you. If you didn’t see it before it vanished, that’s too bad.

        Randy

        • The BS is maybe in your head, Randy.
          If you did include a link in your post, then it will appear just a bit later.

          • Randy

            See? This is how stupid and unable to duplicate anything you are!! Where did I ever say that I put a link in any post? Never! I said that I had responded to your idiotic garbage, and it was there for a short time, but then it disappeared! If someone hadn’t taken it down, it would still be right here in the thread! Like I said before, you’re a dolt. It’s no wonder at all to me as to why you cannot discern the difference between a scam fiat paper currency, an electronic brain fart, and money!
            You need to buy yourself a good dictionary and clear up the definitions of ALL the words you read so you can follow along and understand what they mean. Obviously, you are severely lacking in the ability to do that.
            And like I said before, your screen name should be Crock O’ Sh!t. Let’s see if this reply is taken down as well.

            Randy

          • Then, Randy, what you wrote must have been really idiotic garbage so the mod erased it.
            Don’t be offended though.
            Be thankful the mod did not block you.

          • Randy

            Well Crock O’ Sh!t, what makes you think that it was a moderator who pulled my posting down? Just more evidence of how narrow your mind is.

            Randy

          • If it was not the mod, then it was the NSA !
            LOOOOOL

          • Randy

            Most likely the most intelligent thing that you’ve ever said or written there, Crock O’ Sh!t!! Why don’t you go and troll somewhere else now and leave the smart people alone to chat amongst themselves?

            Randy

      • qjuantum

        No man, if you really want to understand what money is, you go on YouTube and would watch Bill Still documentary “The Money Masters” FIat Money not backed up by gold is also fraud.

        • I have seen Money Masters but fiat money is exactly what they are promoting and i agree with them absolutely.
          It seems you were not able to understand the conclusion of this documentary.
          Watch it again.

    • CMRedwood

      Randy is correct. The economic system does not have to implode.. The REALITY of LIFE = available resources, labor, and knowledge. If the masses pulled their heads out, then overnight the situation could be remedied. TPTB wield debt over our heads as though it is a weapon, but it is only virtual one which persists because humanity is completely brainwashed into accepting countless artificial constructs.

      • Randy

        CMR, I never said that the economic doesn’t have to implode. It does have to, and it WILL implode, because that’s exactly what it was designed to do! But the banksters enrich themselves the whole time that the fiat paper currency du jur is failing. Through price manipulations, the cost of PM are driven down into the basement just before the collapse happens and then they walk away with most of the pot while everyone else is left holding IOUs or nothing at all. Many thousands of Chinese just lost their entire life savings and their homes from their stock market taking a huge dump on their collectivist heads!! The get-rich-quick dreams and ignorant fool’s greed factor are the drivers of these financial debacles, once they are created and set in motion by the banksters, of course.
        Every fiat paper currency system has either fallen out of favor (like the British Pound Sterling) or totally disappeared from use like the German Mark in 1923 and the Continental here in the USA.

        It’s when the people wake up and realize that they are being ripped off that the wheels really begin to come off the cart and it winds up in a ditch.

        Randy

        • CMRedwood

          Yes, I understand what you were saying, Randy, and I wasn’t trying to imply you didn’t think the system is designed to fail because I completely agree that it is. What I meant is the debt is fake, meaningless, an elaborate Matrix smoke and mirrors routine. I was also referring to the Catherine Austin Fitts’ “slow burn” paradigm, she’s been the only alt media expert accurately predicting the elites’ m.o. for the the heart of the empire for the last 11 + years that I’ve been following her. As she words it, the US economy will only undergo a fast crash collapse “if that is what is desired” by TPTB but has maintained her well studied view that would not be the logical course. Will it be endless slow squeezing to force us into global governance, perhaps punctuated with some dramatic volatility to distract and shake things up or will it be the co-intelpro alt media’s predictions of fast crash along with massive death and starvation? We are screwed no matter what, but it doesn’t make sense to me that the control freak powers-that-be would risk big unintended consequences, wake more people up, and damage their Technocratic infrastructure with a fast crash scenario. There are reasons cointelpro has been running hard with the fast crash scenario for many years, one is to slow friction to NWO policy changes by those waking up as they come to believe the situation is hopeless (learned helplessness), the other is to create a psychology of “This is getting uncomfortable, but it isn’t as bad as I thought it would be, I can live with this and at least we aren’t going to be like exhibit A (the Greeks) as long as we cooperate with our leaders.” Just my two cents, besides most people don’t wake up unless the change is shocking, boiling frogs works every time to keep the majority bamboozled. BTW, you make great points.

          • Randy

            Yes, the “debts” are all 100% fake, created out of thin air or even less these days with the crypto-currencies.
            Earlier today I made some comments about Fitts, none of them very flattering to her, as you may well imagine. If she was even half the financial wizard that she wants us to think she is, she would be speaking out about the real causes of these monetary debacles and how to avoid them. But she makes her dough off of just talking about them, which is no small feat in itself mind you now, but she could be doing so much more if she had some real brass in her ovaries.
            I’ve read from many authors of papers and such who detail the course we are on and the sights to be seen along the way. She’s not the only one up on a soap box.
            TPTB have only so much control over stuff, they’re not really as powerful as they seem. When the world wide fiat paper currency system goes into hyperinflation mode in the next several weeks to a couple of months, it will be pandemonium and the power grids will all fail. And without adequate electrical power, all else will mean nothing to us. Computers, phones, TVs, radios, food supplies, water and sewage treatment will all go by the wayside. No one can keep a tight enough rein on any society to keep it from failing, just look at China, Greece and Puerto Rico for perfect examples of how incapable those buffoons really are!!
            What is the minimum operating level of any society on Earth today, and how will it be maintained with 90% of the people knocked off and half of the remnants being out of work with no workable medium of exchange in their wallets and purses?
            I can’t take much credit for making any points, I just bring some obvious facts to your attention, that’s all. Like I said earlier, the legal system itself provides me with all of the ammunition that I ever launch against it!

            Randy

          • CMRedwood

            Perhaps you are being overly critical of Fitts. She fought the good fight many years ago attempting to curb corruption during her time in government and later creating a paradigm of complete transparency, for which she was targeted losing her life savings and being subjected to harassment and attempted poisonings. As a subscriber to Mike Ruppert’s From The Wilderness, I read her articles on FTW and later on her blog. She’s done much to wake people up as best she could (more than any former high ranking government official alive today I can think of, man or woman), not easy given how obtuse and apathetic the public is. I was also frustrated that she went with a subscriber platform but I suppose if she hadn’t done that she would have been targeted for assassination. Do you follow Corbett? Maybe you saw a recent podcast of his on Disinfo where he quoted the editor of Veteran’s Today saying about 40% of VT’s website is disinfo and if he didn’t do that he would be dead. Not making excuses, but there is a reality of surviving to continue to get a message out. What’s really killing us is the dumbing down which makes the brainwashing fairly easy for TPTB.

          • Randy

            Yes, I am being rather critical with her, and you are right about how much she has done, especially in comparison to many others. But the reason why she was made to suffer is that she was being a rebellious slave on the plantation, and that’s what happens to disobedient slaves! There is no such thing as a part time slave, which is what she was trying to be. You cannot fix a broken system while still working within it. Anyone who thinks that they can do so is practicing one of the highest forms of self-delusion that there is! If she had taken things out to the ne plus ultra, she would have extrapolated that EVERYTHING around us is involved in some kind of a fraud, and fraud vitiates ALL that it comes into contact with. Those electronic bookkeeping entries that represented her life’s savings weren’t really hers at all! They are markers which really belong to the ones who CREATED them for her in their Matrix system. The creator of the thing is the owner/master of that thing and therefore can do with it as is pleased. That is the Basic Premise that the USSC was operating off of when they said that once you put anything into a bank it stops being yours. Actually, it never was yours in the first place, but they didn’t want to go that far and admit it in public.
            The ones who prefer the boob tube with all of its inane “programming” over waking up will surely get what they deserve in the end.
            I don’t know who Corbett is. At least that editor at VT had a little bit of honesty left to his name.
            Oh, one more point about fraud, if Fitts had realized that even the legal system itself is a huge scam, she could have demanded that the so-called judge answer a few simple questions for her, such as What is the EXACT AMOUNT of fraud that ANY man or woman has the right to commit? What is the EXACT AMOUNT of fraud that ANY man or woman has an actual obligation to endure? What is the BASIC PREMISE that is being operated off of, in the instant case? And lastly, she could have asked for some actual evidence that she was really subject to the whims and caprices of the legal system with all of its faults. Such as men and women in it who lie, cheat and steal as a matter of their daily actions. How can we be governed by people who are no better than us?

            Randy

          • CMRedwood

            Completely agree the Matrix cannot be fixed, it must be dismantled. At most, the relative handful representing awakened humanity, including past generations, seem to have done is provide friction in the hopes of buying time for a critical mass to wake up before the final nails on the global dictatorship coffin are in but we are not getting enough traction as the iron curtain descends and the sheep remain in their trances. I assume you are aware of the “scientific dictatorship”, Brzezinski’s “Technotronic Era”, and Technocracy – all terms describing the high tech global police state in the works for many decades. That’s what we are up against and it’s grotesque beyond imagination to any human being who values freedom. Corbett is the information dynamo exposing the NWO on the Corbett Report, his reports are often on Activist Post. I strongly recommend Patrick Wood’s interviews and articles on Technocracy, he was Antony Sutton’s protege, the academic who proved the banksters funded and aided the rise of our geopolitical “enemies” (Hitler, Soviets, Chinese communists, etc.). Lastly, please consider taking a look at a recent post on the Oath Keepers website about GeoSpatial Intelligence, the already internationally launched work around to RFID chipping every human being. Here’s the link, note I modified the web address to avoid my comment being delayed for moderation: oathkeepers (dot) org/oktester/dj-of-level-9-news-geoint-casting-a-neural-net-on-humanity/ The sheep never seem to care about their enslavement as long as they can have their comforts and distractions. I’m at a loss. I don’t want to “governed” by anyone, much less psychopaths. As a full time synthesizer for the last ~12 years, I’ve been trying to get more awake people to connect the dots. Thanks for the exchange, you completely get it and that’s a rare gift.

          • Randy

            Here’s what most people miss in the big picture. It is that when communication is stifled, productivity goes down at the same time. We must be free to speak our own mind, not just parrot some drivel that came out of the ass of some politician or bureaucrat. And without creativity being allowed when and where it occurs, then the society stagnates at first, then just falls apart. When no one is working, how will anything get done? The elites hiding down in their bunkers will be in a prison all of their own making, but they don’t seem to realize that. Yet anyways.
            Societies are made up of people just like a fabric is made out of threads. Take away too many of the threads, and all you have left is a rag or just a wad of yarn! Take away too many of the people who make up a society, and it will fall apart too. We need many people with different skill sets to have a vibrant and growing society. Who will fix the broken machinery if there is no one left who knows how? What good is it to have all of the slaves chipped, if they are suppressed to the point of where they’d rather die than live one more day as a total slave? Who will make anything when all of the means of making things have been taken away from us?

            Randy

        • bwgirl

          It doesn’t really matter to me if the wheels come off the cart…well sort of!

          Those that are wealthy are busy trying to save and buy as much silver and gold as they possibly can. Those that are semi-wealthy are busy trying to stockpile Emergency Rations (that’s going to get old really quick!).

          And us old poor folks, are just piddling along. Growing our gardens and putting food by just like we normally do.

          There’s one thing that all of the wealthy people keep forgetting. When it all comes right down to it you can’t eat gold! And gold won’t save your bacon.

          Everybody is worried about the economies imploding, debt exploding…we’ve got a worse issue. Food! Do you realize how many nations are messing up their food supply by trying to grow fuel?

          And those countries that are in drought and on the verge of bankruptcy aren’t going to be able to buy food, especially when there isn’t any excess to buy!

          They are going to go full blown riots. And it will probably be like dominoes. One right after the other. And none of them, will have the resources to feed their people because they were too busy trying to grow fuel.

          I don’t even want to think of all of the hyper-inflation that will follow.

          Just my two cents worth.

          • Randy

            Well BWG, here’s what you need to keep in mind above all else, the fact that NOTHING will be the same when the power companies cannot afford to buy the fuels they burn to make electricity, or cannot firstly afford to pay the highly trained men and women who operate the power grids.  You won’t have your phones anymore, land lines or cellular service.  No more internet, tablets, smart phones, TV or radio as all forms of communication require electricity to operate, except for smoke signals and flags.  You won’t even have any newspapers anymore. Any crops that you may want to grow will be gobbled up by starving strangers before they are ripe.  Without an adequate supply of potable water, you won’t have to worry about having food to eat anyway.   Water is the great equalizer, and it works very quickly.  People who have put aside some PM will at least have a chance of buying some foods and water to survive on, but the ones who don’t and have only some fiat paper currency will have virtually no chance at all.  When the ATMs go dry, so too will the EBT machines and all credit/debit cards.  I’m not engaging in any fear porn here, just relating what the facts really are.  This train is heading down the tracks and cannot do anything but follow them until it reaches the washed out bridge just up ahead.  We have a date with destiny now, and she won’t be kept waiting.
            Randy

            From: Disqus
            To: Drocketman2000@yahoo.com
            Sent: Thursday, July 23, 2015 7:55 PM
            Subject: Re: Comment on Activist Post: The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis
            #yiv4338574293 #yiv4338574293 a:hover, #yiv4338574293 a:hover span {color:#1188d2!important;}#yiv4338574293 .yiv4338574293button-cta:hover {color:#ffffff!important;background-color:#1188d2!important;}#yiv4338574293 .yiv4338574293button-cta:hover span {color:#ffffff!important;}#yiv4338574293 #yiv4338574293 #yiv4338574293 #yiv4338574293outlook a {padding:0;}#yiv4338574293 body {width:100% !important;}#yiv4338574293 .yiv4338574293ReadMsgBody {width:100%;}#yiv4338574293 .yiv4338574293ExternalClass {width:100%;display:block;}#yiv4338574293 @media screen and ( _filtered_a ){#yiv4338574293 html {}#yiv4338574293 .yiv4338574293content {width:100%;}#yiv4338574293 table {border-collapse:collapse;}#yiv4338574293 h2.yiv4338574293headline {font-weight:700;font-size:20px!important;margin-bottom:5px;}#yiv4338574293 .yiv4338574293button-cta {display:block!important;padding:0!important;}#yiv4338574293 div.yiv4338574293header {padding-top:20px;}#yiv4338574293 div.yiv4338574293footer {padding-bottom:20px;}}#yiv4338574293 #yiv4338574293 p.yiv4338574293mod-tools a:hover {color:white!important;background:#8c989f!important;}#yiv4338574293 @media screen and ( _filtered_a ){#yiv4338574293 td.yiv4338574293avatar, #yiv4338574293 td.yiv4338574293spacer {width:38px!important;}#yiv4338574293 td.yiv4338574293avatar img, #yiv4338574293 td.yiv4338574293spacer img {width:28px!important;}}”It doesn’t really matter to me if the wheels come off the cart…well sort of!Those that are wealthy are busy trying to save and buy as much silver and gold as they possibly can. Those that are semi-wealthy are busy trying to stockpile Emergency Rations (that’s going to get old really quick!). And us old poor folks, are just piddling along. Growing our gardens and putting food by just like we normally do.There’s one thing that all of the wealthy people keep forgetting. When it all comes right down to it you can’t eat gold! And gold won’t save your bacon.Everybody is worried about the economies imploding, debt exploding…we’ve got a worse issue. Food! Do you realize how many nations are messing up their food supply by trying to grow fuel?And those countries that are in drought and on the verge of bankruptcy aren’t going to be able to buy food, especially when there isn’t any excess to buy!They are going to go full blown riots. And it will probably be like dominoes. One right after the other. And none of them, will have the resources to feed their people because they were too busy trying to grow fuel.I don’t even want to think of all of the hyper-inflation that will follow.Just my two cents worth.” | |
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            bwgirl
            It doesn’t really matter to me if the wheels come off the cart…well sort of!Those that are wealthy are busy trying to save and buy as much silver and gold as they possibly can. Those that are semi-wealthy are busy trying to stockpile Emergency Rations (that’s going to get old really quick!).And us old poor folks, are just piddling along. Growing our gar dens and putting food by just like we normally do.There’s one thing that all of the wealthy people keep forgetting. When it all comes right down to it you can’t eat gold! And gold won’t save your bacon.Everybody is worried about the economies imploding, debt exploding…we’ve got a worse issue. Food! Do you realize how many nations are messing up their food supply by trying to grow fuel?And those countries that are in drought and on the verge of bankruptcy aren’t going to be able to buy food, especially when there isn’t any excess to buy!They are going to go full blown riots. And it will probably be like dominoes. One right after the other. And none of them, will have the resources to feed their people because they were too busy trying to grow fuel.I don’t even want to think of all of the hyper-inflation that will follow.Just my two cents worth. 10:54 p.m., Thursday July 23 | Other comments by bwgirl |   |
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            | | CMR, I never said that the economic doesn’t have to implode. It does have to, and it WILL implode, because that’s exactly what …Read more |
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          • bwgirl

            @Randy,

            Your reply contained all kinds of gobbledy-gook in it. Sorry, I’m not taking the malware bait or whatever it was.

            I live in FL without air conditioning. I don’t use cell phones, tablets, etc. I rarely watch tv. I use a lot of batteries.

            IF you think the End of the the World is the fact that people don’t have tablets or cell phones, you don’t really have a clue!

            Before this is over, they won’t be selling baby parts…they will be reduced to eating them!

  • Jure Korošec

    And .. where is Slovenia? Our country is always forgoten & nobody writes about us.

    Even thoug that we had the 1st place in EU for many years … in corruption ofcourse (this year is Croatia on the 1st place) ..

    Slovenia faces the most dangerous finacial period of all because nobody take care of it .. you care about Buthan, Uganda, Samoa … but we are all alone & forgoten out there.

    small-county-with-gigantic-dept-press
    🙂 🙂 🙂

    • Then Slovenians should beat the drums some more 🙂

      Like the Greeks.

      • Jure Korošec

        Do you have any drums to lend? We do not have enough money to buy them, because NATO want us to buy some weapos. They say that Russia want to invade Slovenia (i wonder if Putin knows where SLO is) – it seems a very stupid idea to me. But what we can do? Beside that our army has 3 fitgher jets Pilatus and we are not afraid of Russia. How dangerous Pilatus is – you can see here:

        http://www.slovenskavojska.si/oborozitev-in-oprema/letala-in-helikopterji/pilatus-pc-9m-hudournik/

        • It seams the “leaders” of Slovenia sold you and your fellow inmates to the Globalists, Jure.
          What you can do ?
          I suggest you read a book :
          THE MOST DANGEROUS SUPERSTITION
          by Larken Rose 2011

          This is the only life we get. Time is our total capital. Why waste it allowing our potential, our personality, our values to be shaped, crafted, and limited according to the whims of the mass panderers ?

          https://www.youtube.com/watch?v=Auf1rehiA-4

    • purrsun

      Many Americans and members of global family care deeply about our brothers & sisters in Slovenia. We wish you to thrive! Unfortunately, it is a war on all humans who would never participate in “Cremation of Care”, and other similar rituals, practiced by the banking/ military death cult. Our hearts and minds must stay united.

  • bonnielou

    Italy is not on the list of countries facing
    a full-blown debt crisis?

  • no one

    i see alot of people going to starve to death that would of not been born if we didn,t make up money that don,t excist in the frist place most will had a good life all the money that they say we owe tuff i didnt ask them to and i never got there help without working for it and for the rich if the

    y didnt work like the rest of us they dont deserve all that money my famly has never retired they just die thats what the rest needs to do at lest thats what the rich think

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