WAR is how nations file for BANKRUPTCY

Look at the top two pinned threads this morning...

Biden sanctioning Russia and China’s grey war against Taiwan... Add the report on MBS taking out Khashoggi, Israel and Iran taking off the proxy gloves to duke it out for real, Iran enriching uranium to weapons grade, Bitcoin to the moon (folks trying to exit the federal reserve hall of mirrors valuation and price discovery). What are the chances 2021 sees the first Nike’s deployed since Hiroshima and Nagasaki? Now THAT would be some debt repudiation!

Ok last bump (for now) was hoping for more feedback but maybe my thesis is too obvious? I, of course, thought it was insightful but maybe I missed that class and you all already knew it... there are some smart people on here so maybe that's it.

I will give you that all war is about money, but they tell the plebes other fairy tales so they send their baby boys out to die.

War may be the how but the military, not war, is the why

Ukraine is the 21st century's "sick man of Europe" aka the ottoman empire... Russia is looking to rehypothecate what's left of its collateral some 30 years after its "independence"

OP i believe you are correct. I also believe we are currently in the WAR. It's modern and not like the past and its being waged against the population of 'western' countries.

Pray it does not go kinetic.

Will the unknown comic (Zelensky) be our century's Archduke Franz Ferdinand?

WAR is how countries file for and enforce bankruptcy protections. There is no worldwide Bankruptcy court or law. Accordingly, DEBTORS use war to seize the assets of Creditors in settlement of their debts and, conversely, CREDITORS use war to nullify their debts.

ALL “colonial” wars were merely Debtors seeking to rehypothecate their collateral. WWII was Germany’s attempt to nullify the unsupportable debts levied on them by the Treaty of Versailles. Money does not make the world go round – DEBT does. Even revolutions have at their core bad debt – the hoi polloi seek to throw off the shackles of debt and bondage placed upon them by the elite who have privatized any financial gains for themselves while socializing all their losses and bad bets onto the backs of the citizenry.

If you buy my premise, take a look at this table:

Rank
#1 United States Debt to GDP 104.3% Debt $21,465 Trillion % of world wide debt 31.0%
#2 Japan 237.1% $11,788 17.0%
#3 China 50.6% $6,764 9.8%
#4 Italy 132.2% $2,744 4.0%
#5 France 98.4% $2,736 3.9%
#6 United Kingdom 86.8% $2,455 3.5%
#7 Germany 61.7% $2,438 3.5%

NOW tell me we DON’T have war in our near future. Either the creditors of the world seeking to secure their collateral from their bad investments in U.S. debt OR the U.S. seeking to nullify their loans via destruction and chaos. And remember NONE of the wealthy elite will fight in these wars – they are vouchsafed by their ill- gotten gains – per Balzac, behind every great fortune there is a crime.

One other thought for your consideration. Despite his many faults and (frankly refreshing) boorishness, Trump was the ONLY U.S. President who had personal (via his various pass-through entities) experience with the protections afforded by Bankruptcy law. Add this to his avoidance of entanglements in foreign wars and indeed draw down of troops abroad. Perhaps THAT adds to the vehemence with which his adversaries attacked him – he was interrupting their war machine profits. As General Smedley Butler wrote so long ago WAR IS A RACKET.

It appears that there are only two paths before us: one path leads to despair and utter hopelessness (inflating away debt whereby the debt is fixed and paid back with “inflated” currency impoverishing the citizenry – by the way this ONLY works until your creditors catch on – see Zimbabwe for proof of that) and the other, to total extinction (I do not know with what weapons WWIII will be fought but I can tell you now, WWIV will be fought with sticks and stones), so let us pray that we have the wisdom to choose correctly.

Thanks for reading this far if you have read this far…

In history, when there is undue economic pressure, starting wars is popular and often felt necessary.

[link to www.zerohedge.com (secure)]

WAR is how countries file for and enforce bankruptcy protections. There is no worldwide Bankruptcy court or law. Accordingly, DEBTORS use war to seize the assets of Creditors in settlement of their debts and, conversely, CREDITORS use war to nullify their debts.

ALL “colonial” wars were merely Debtors seeking to rehypothecate their collateral. WWII was Germany’s attempt to nullify the unsupportable debts levied on them by the Treaty of Versailles. Money does not make the world go round – DEBT does. Even revolutions have at their core bad debt – the hoi polloi seek to throw off the shackles of debt and bondage placed upon them by the elite who have privatized any financial gains for themselves while socializing all their losses and bad bets onto the backs of the citizenry.

If you buy my premise, take a look at this table:

Rank
#1 United States Debt to GDP 104.3% Debt $21,465 Trillion % of world wide debt 31.0%
#2 Japan 237.1% $11,788 17.0%
#3 China 50.6% $6,764 9.8%
#4 Italy 132.2% $2,744 4.0%
#5 France 98.4% $2,736 3.9%
#6 United Kingdom 86.8% $2,455 3.5%
#7 Germany 61.7% $2,438 3.5%

NOW tell me we DON’T have war in our near future. Either the creditors of the world seeking to secure their collateral from their bad investments in U.S. debt OR the U.S. seeking to nullify their loans via destruction and chaos. And remember NONE of the wealthy elite will fight in these wars – they are vouchsafed by their ill- gotten gains – per Balzac, behind every great fortune there is a crime.

One other thought for your consideration. Despite his many faults and (frankly refreshing) boorishness, Trump was the ONLY U.S. President who had personal (via his various pass-through entities) experience with the protections afforded by Bankruptcy law. Add this to his avoidance of entanglements in foreign wars and indeed draw down of troops abroad. Perhaps THAT adds to the vehemence with which his adversaries attacked him – he was interrupting their war machine profits. As General Smedley Butler wrote so long ago WAR IS A RACKET.

It appears that there are only two paths before us: one path leads to despair and utter hopelessness (inflating away debt whereby the debt is fixed and paid back with “inflated” currency impoverishing the citizenry – by the way this ONLY works until your creditors catch on – see Zimbabwe for proof of that) and the other, to total extinction (I do not know with what weapons WWIII will be fought but I can tell you now, WWIV will be fought with sticks and stones), so let us pray that we have the wisdom to choose correctly.

Thanks for reading this far if you have read this far…

Debt is how democracy's commit suicide

I know that this was a wall of text - I should have broken it into separately posted pieces...