China’s Unilateral Debt Jubilee?

by Jeff Nielson
Bullion Bulls Canada

Western nations are bankrupt. This is “old news” to regular readers, as is the (obvious) conclusion that these corrupt/insolvent regimes will once again have to resort to History’s economic get-out-of-jail-free card: Debt Jubilee.

What has been far less-obvious is what form such a “jubilee” would take. We live in a Crime Syndicate system. Literally every facet of our economies has now been warped into a paradigm of giving-to-the-Rich (generally the very, very rich), and stealing from everyone else. In such an environment, would we really expect a blanket Jubilee, meaning that everyone’s debts would be wiped clean?

That would be the fair thing to do.

Continue Reading at…