Executive Summary
For those who have the power to issue fiat currency on significant scale, debt is two things. First, it is a governance mechanism. Second it is a tool to finance the military, intelligence and enforcement operations that make the issuance of fiat currency possible.
This has been true for centuries. What is new is that invasive digital computing and telecommunications combined with artificial intelligence have made it possible for large global lenders to use debt in combination with other tools of economic warfare to govern and harvest at an individual level. The most powerful global lenders can make more from the failure of borrowers – whether nations or households – than from their success.
This has profound implications for the reengineering of global governance, including currency and financial systems. It helps to explain the ongoing explosion of global debt and its relationship to deterioration in individual and national sovereignty. It helps to explain growing wealth inequality. It inspires us to contemplate where a reliance on debt may be taking us.
Table of Contents
Q1 Wrap Up Executive Summary
The most powerful global lenders can make more from the failure of borrowers than from their success…
Theme: Planet Debt
The systematic harvesting of countries around the globe has been ongoing since WWII
12 Things You Need to Know About Global Debt
It is not surprising that size of global military spending is a meaningful portion of the amount of global debt issued…
Q1 2015 News Stories and Trends
The shift to Planet Equity, The Oil Card’s East-West Pendulum, Global 3.0 Rises, The Education Tsunami…
Q1 2015 Financial Markets Round Up
The big story in Q1 financial markets was the breakout in Germany and in emerging markets equities…
Looking Forward
Expectations of the general direction in which Planet Debt is taking us…