New World Order Mouthpiece Warns We Are On Verge of Greatest Debt Jubilee in History
- Question: How are western governments going to implement a Debt Jubilee (Forgiveness) when they are bankrupt? Answer: They will revalue the price of gold upwards many mutiples (10X, 20X ….) and buy the debts. Gold is the perfect debt extinguisher.
– - Imagine a country has US$13.4B of debts and just US$1.34B of physical gold at current price of about US$1340/ounce. They are insolvent. But by revaluing the price of gold to US$13,400/ounce (ie. 10x), their physical gold is now worth US$13.4B. They are solvent and can pay off all the debts. In a similar way, the debt jubilee will be implemented.
– - The question isn’t: will there be a Debt Jubilee? Of course, there will be. The interesting question is: Who is the man who will declare this Debt Jubilee, who is the hero of the world who will relieve the debt burden of the sheeple … the Savior of the world who will bring about an economic boom lasting 3.5 years? It is obvious who I am hinting at. It is very likely to be him. Beware the Man on the White Horse.
- P.S. Ambrose Pritchard is a British Intelligence asset. (British Intelligence MI5/6 are Illuminist organizations). See:
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British Intelligence asset Ambrose Evans-Pritchard was deployed to the United States at the end of 1992, following the election of Bill Clinton, under the cover of serving as the Washington correspondent for the Sunday Telegraph of London.
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Ambrose Evans-Pritchard, the Telegraph’s man in Washington and Little Rock, makes no bones about the fact that he collaborates closely with Britain’s MI-6 (foreign intelligence service) wherever his work as a “journalist” takes him. It’s a family tradition: His father was a senior official of British intelligence’s infamous Arab Bureau, a fact that he made no effort to hide in two recent interviews.
– - NEW WORLD ORDER MOUTHPIECE WARNS WE ARE ON VERGE OF GREATEST DEBT JUBILEE IN HISTORY
by “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”.
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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,”
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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:
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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.
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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).
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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.
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Right up front, Evans-Pritchard mentions a global “debt jubilee” and no one mentions that by accident. We’ve written in the past (see the article here in January) about how the BIS’s top economist William White used the phrase – and the writer who quoted him was none other than Ambrose Evans-Pritchard.
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