The Chinese debt bomb

Scary.  Right?  Ruthless. Barbaric.

The Chinese are merely following the model of global bankers, including U.S. bankers and U.S. government loans, and similar from European and UK.  Except for several gigantic gifts by the U.S., for example The Marshall Plan after WWII, our government has done the same as China and our bankers have done the same as China. When a country cannot pay back the loan, and there have been very many cases in history, typically the loans are “worked out” by the IMF and World Bank, which the U.S. and western nations funded.

The U.S., EU and western nations are by no means innocent here.

In fact, THE #1 greatest fraud in history is not the global warming/climate change agenda, as you might have expected. The #1 fraud by orders of magnitude (more that a thousands times over) is the conversion of the international currency regime from asset-based to debt-based. This has been the objective of globalists since 1913 when they created the Federal Reserve Act. Woodrow Wilson, the U.S. President who signed the Federal Reserve Act, said after he left office that the Act was the worst mistake he ever made. That is a giant confession when you remember that Wilson is the Democrat President who led America into the tragic failure and mistake that was the intra-European war that became WWI but also Democrat Wilson opposed women’s suffrage (the right of women to vote in U.S. elections) and he opposed equality for all races. President Wilson believed in eugenics, like Bill Gates, John Holdren (Obama’s chief scientist), the UN, Hitler, Margaret Sanger (founder of Planned Parenthood), etc.

Perhaps you thought the global fraud story ended with the global warming fraud. No. The debt fraud is 1000 times bigger. It is a long story. But you are on the right trail if you read this.

 

About budbromley

Bud is a retired life sciences executive. Bud's entrepreneurial leadership exceeded three decades. He was the senior business development, marketing and sales executive at four public corporations, each company a supplier of analytical and life sciences instrumentation, software, consumables and service. Prior to those positions, his 19 year career in Hewlett-Packard Company's Analytical Products Group included worldwide sales and marketing responsibility for Bioscience Products, Global Accounts and the International Olympic Committee, as well as international management assignments based in Japan and Latin America.
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