Name: Why Western Nations Are COLLAPSING!
Uploaded: 2023-02-21T13:50:55+00:00
Duration: 9 min
Description: The collapse of the debt-based Western monetary order and social welfare statism are behind the world turmoil we’re experiencing. US dollar debt globally is now over 100 trillion, and this debt supern

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1 year ago

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central banking collapse debt global debt crisis banking crisis financial crisis sovereign debt crisis world war iii

The collapse of the debt-based Western monetary order and social welfare statism are behind the world turmoil we’re experiencing.

US dollar debt globally is now over 100 trillion, and this debt supernova is under pressure as interest rates rise. Debt servicing costs are rising and asset valuations are dropping on the collateral used by large financial institutions for transactions. This will lead to a liquidity crisis that central banks will struggle to manage.

The nations which will be most heavily affected as we go through this economic collapse will be those most tied into the debt system - the Western countries plus Japan. All sovereign debt as well as unfunded liabilities are likely to be marked down significantly, maybe even to zero, with catastrophic consequences.

SOURCES:
Federal Reserve is blowing up world banking system:
https://youtu.be/5m75wFQiQ4c