NEW WORLD ORDER MOUTHPIECE WARNS WE ARE ON VERGE OF GREATEST DEBT JUBILEE IN HISTORY
By Jeff Berwick
TheDailyCoin.org
September 24, 2016
“Alarm bells have been ringing over the explosion of corporate debt levels in emerging economies, which now exceed $25 trillion … Damaging deflationary spirals cannot be ruled out”.
This grim assessment comes from an article posted at Telegraph.co.uk, that quotes a recent annual UN “Conference on Trade and Development” report. The article is entitled, “UN fears third leg of the global financial crisis – with prospect of epic debt defaults,”
The writer’s name is Ambrose Evans-Pritchard and he’s one of Britain’s most prominent journalists, known for his hard-hitting reporting. He’s also the editor of the International Business section of the Daily Telegraph.
Here’s how it begins:
The third leg of the world’s intractable depression is yet to come. If trade economists at the United Nations are right, the next traumatic episode may entail the greatest debt jubilee in history. It may also prove to be the definitive crisis of globalized capitalism, the demise of the liberal free-market orthodoxies promoted for almost forty years by the Bretton Woods institutions, the OECD, and the Davos fraternity.
Alarm bells have been ringing over the explosion of corporate debt levels in emerging economies, which now exceed $25 trillion. “Damaging deflationary spirals cannot be ruled out,” said the annual report of the UN Conference on Trade and Development (UNCTAD).
Notice the phrase, “greatest debt jubilee in history.”
If you’ve been reading our blogs and publications, you know that for two years now , I’ve been writing about Shemitah Trends and the the Jubilee Year 2016. That’s no accident. I long ago discovered that the world’s elite organizers like to utilize both of these celebratory timelines to trigger catastrophic economic, sociopolitical and military events. Is it a game to them, or a kind of sly messaging? I don’t know, but we can see them doing it again in this article.
The Rest…HERE
