{"id":53470,"date":"2020-05-27T06:21:04","date_gmt":"2020-05-27T11:21:04","guid":{"rendered":"https:\/\/olduvai.ca\/?p=53470"},"modified":"2020-05-27T06:21:07","modified_gmt":"2020-05-27T11:21:07","slug":"global-debt-default","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=53470","title":{"rendered":"Global Debt Default"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.armstrongeconomics.com\/markets-by-sector\/bonds\/global-debt-default\/\">Global Debt Default<\/a><\/h3>\n\n\n\n<p>QUESTION: Dear Martin,<br>I do not speculate on whether the current situation has been orchestrated intentionally or not. This to me sounds more like the case for 9\/11 you often described. They knew in advance that a \u201cpandemic\u201d could come any time, and they took advantage of the very first virus spreading around as the perfect excuse to put things into motion.<\/p>\n\n\n\n<p>Indeed, a coordinated action to push the reset button on the world economy and hence a global default on debts seems a plausible plan of action by the ruling classes. You restart with an operating system upgrade, clean the air, create mass surveillance with the excuse of an invisible threat, and impose a new social contract. Authoritarian playbook 101.<br>My question however is, how would in practice a global coordinated debt default unfold? Could you elaborate in some detailed causes and consequences, please.<br>SB<\/p>\n\n\n\n<p>ANSWER: It has been coordinated and this virus is by no means something that is so lethal. There are many who argue it was the result of experimentation in a laboratory that got out rather than a biological weapon. Others are speculating that it was created by a funded Gates operation and Fauci is responsible. The Chinese fight back by blaming the US military. I seriously question that the USA would have done that because there was nothing to gain. For me, just look at who benefits and follow the money.<\/p>\n\n\n\n<p>Those are things I care not to get involved it. I am more concerned about the impact rather than the origin at this time. From that perspective, I have finished a report which will be posted for downloads this weekend. It is not the \u201crich\u201d who are looking to crash the debt \u2014 it is government who will default on the rich.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Debt Default QUESTION: Dear Martin,I do not speculate on whether the current situation has been orchestrated intentionally or not. This to me sounds more like the case for 9\/11 you often described. They knew in advance that a \u201cpandemic\u201d could come any time, and they took advantage of the very first virus spreading around [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[5496,195,5479],"class_list":["post-53470","post","type-post","status-publish","format-standard","hentry","category-economics","tag-armstrong-economics","tag-debt","tag-martin-armstrong"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53470"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53470\/revisions"}],"predecessor-version":[{"id":53471,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53470\/revisions\/53471"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}