=Debt collector redpill==
I would like to remind everyone in this thread of one thing.
Debt can only be collected if the creditor can martial forces to reposes the property. They will need to use force to do the repo.
For nation-states, the consequence of national debt is globalization, integration into the global economy, sterilization of the people, and the loss of freedom.
When speaking of national debt, one can, defend against the debt collector with bullets. No one would weep over the death of mercenary debt collectors employed by the usurer but the elites. But there will be immense financial penalties. Its possible that nationalizing foreign industries at gunpoint could be a solution, if the nation state is willing to bear the diplomatic consequences, and penalties to credit and trade.
It would be possible to form a new economic bloc immediately, without any debt by matching the ideology of the first one to rebel against the international banking order.
Ultimately, not paying debt gives the creditor a Casus belli to use force. But as long as one has enough bullets to fend of the international debt collector one is safe.
The unfortunate consequence of this is that the government may not be able to pay bills, keep the sloven populace down with socialism, and a faction of the international science class will flee resulting in a brain drain. This would create domestic instability. There would be mass instability among the plebs, they would need to be kept down with force, curfews, and some population would need to be transferred to rural work camps, as to stimulate the economy. Welfare would become workfare. The bureaucratic unions would protest a loss of living standard and immediately become disloyal. The (((globalist press))) would delegitimize any government which uses force to achieve this option.
We have not seen what I suggested occur, what is likely to happen is the global elites will flood nation-states with more fiat currency. This will be in exchange for more surveillance and police militarization. You are likely to see austerity.
The collapse of the economic western block would mean the end of the Pan-European empire, but this would result in Brics Bank and Islam making a move upon the west, possibly seizing territory or consolidating their own. Israel's security would be threatened. There would be the danger of China,Russia, Iran, Latin America making gains in the world order. The west would lose its hold over rare African resources.
Its also possible the globalists will start WWIII to stimulate the economy.
Be careful what you wish for. Be prepared to face the consequences, predict your enemies moves, do not allow yourself to become weak.
