Tag Archives: Debt

The Empire Strikes Again

army soldier with machine gun

By Manlio Dinucci at Global Research. Reposted with permission.

Two emblematic news items provide the key to understanding current international events. The first is as follows: Trump wants to increase US military spending from $900 billion to $1.5 trillion by 2027. When combined with the approximately $500 billion in military spending allocated to other departments, US military spending would account for over half of global military spending.

“This will allow us,” Trump said, “to build the dream army we have long been entitled to and, more importantly, one that will keep us safe regardless of who our enemy is.”

The second piece of news: contrary to Western expectations, US tariffs have not caused China’s exports to fall. In 2025, they grew by 5.5%, bringing the trade surplus to a record level of $1.19 trillion.

China has already surpassed the United States in several sectors. For example, the Chinese company BYD has become the world leader in electric car sales, overtaking Tesla. While Tesla’s car sales fell by 16% in 2025 after President Trump eliminated Federal tax incentives for electric car purchases, BYD’s car sales increased by 28%. Meanwhile, the Russian economy did not collapse under the weight of sanctions as predicted in the West. Instead, it opened up new outlets in the East for its energy exports and replaced imports blocked by sanctions with imports from friendly countries or Russian producers.

The United States is preparing to further strengthen its military capabilities, which already allow it to maintain 750 bases in 80 countries and deploy troops to approximately 1,609 locations across all Continents. Its strategy primarily targets not only Russia and China, but also the BRICS countries, of which they are founding members. Unable to prevent the BRICS’ growing development and expansion, or any other coalition of countries escaping Western domination, the United States — the greatest Western power — is resorting to internal subversion and open aggression to dismantle the BRICS and any other coalition challenging its dominance.

This is the context for the kidnapping of President Maduro and the theft of Venezuelan oil by the United States. According to the Wall Street Journal, Trump is planning a wide-ranging initiative to rehabilitate Venezuela’s oil fields and increase production. This would fundamentally change the global oil landscape, placing the United States in control of production in one of the founding members of the Organisation of Petroleum Exporting Countries.

Oil is also one of the main reasons behind the US attack on Iran, whose proven oil reserves rank third in the world after Venezuela and Saudi Arabia.

While internal groups financed and trained by US and Western secret services were adding fuel to the fire of popular demonstrations in order to spark an armed conflict and cause deaths, President Trump incited revolt with this message on Truth Social:

“Iranian patriots, KEEP PROTESTING – TAKE CONTROL OF YOUR INSTITUTIONS!!! Memorise the names of the murderers and violent thugs. They will pay a very high price. HELP IS ON THE WAY. Make Iran Great Again!

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This article was originally published in Italian on Grandangolo, Byoblu TV.

Manlio Dinucci, award-winning author, geopolitical analyst and geographer, Pisa, Italy. He is a Research Associate of the Centre for Research on Globalization (CRG).

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How Crypto Could Devalue US Debt: A Shocking Revelation

YOU HAVE BEEN WARNED !!! CRYPTO is a US GOVERNMENT mechanism to devalue the $$$ & erase DEBT Putin’s advisor Kobyakov: The U.S. has devised a crypto scheme to erase its massive debt at the world’s expense. “The U.S. is now trying to rewrite the rules of the gold and cryptocurrency markets.

Remember the size of their debt—35 trillion dollars. These two sectors (crypto and gold) are essentially alternatives to the traditional global currency system. Washington’s actions in this area clearly highlight one of its main goals: to urgently address the declining trust in the dollar.

As in the 1930s and the 1970s, the U.S. plans to solve its financial problems at the world’s expense—this time by pushing everyone into the “crypto cloud.” Over time, once part of the U.S. national debt is placed into stablecoins, Washington will devalue that debt.

Put simply: they have a $35 trillion currency debt, they’ll move it into the crypto cloud, devalue it—and start from scratch. That’s the reality for those who are so enthusiastic about crypto.”

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Former British Colonies (incl. US) Belong to Rothschilds

From Henrymakow.com

All countries with Rothschild central banks are not really independent. National sovereignty is a hoax. 

WORLD GOVERNMENT TYRANNY SIMPLY SEEKS TO ACKNOWLEDGE WHAT ALREADY EXISTS.

“The Federal Reserve Act is approximately 1500 pages and places the currency and finance for the United States Corporation under a private corporation called, “The Federal Reserve.” The Federal Reserve is owned lock, stock and barrel, by the Sabbatean/Rothschild Banking Empire and not by the people or the corporate government of the United States. 

“The Great Depression of 1929, like so many other catastrophes before and after this date was actually a staged event, concocted by the Sabbatean/Rothschild and Rockefeller Banking Empires; the Queen and British Parliament; the US President and Congress; the Vatican and numerous Elite families to steal America’s gold and silver reserves and replace it with, “Negotiable Debt Instruments” or Script money. “American citizens are defined as, “an enemy of their government” and this is the reason why Lincoln’s Declaration of War is renewed yearly by Congress and the President! 

Excerpt (p.36)  from a 92-page document “The Great American Adventure” by a “retired Judge Dale”

\file:///Users/henrymakow/Downloads/the-great-american-adventure-complete-work-by-judge-dale%20(1).pdf

james-alexander-hamilton-1.png

[And the introduction of a new legal system.]
On March 9, 1933, House Joint Resolution No. 192-10 by the 73rd Congress, was voted into law, which is the Emergency Banking Act. This Act declared the Treasury of the United States, ‘Bankrupt’, which is an impossible feat since the U. S. Treasury was secretly closed by the Congress twelve years earlier in 1921. 
The Emergency Banking Act succeeded in abrogating America’s gold standard and hypothecated all property found within the United States to the Board of Governors of the Federal Reserve Bank. 
All Sovereign American Citizens residing within the Republic of States suddenly and falsely were expatriated from their Sovereign American status without their knowledge or consent and their labor, souls, children, property, sweat equity and credit became the financial collateral for the public debt, which had then been converted into a Public Trust, which had been scripted after the ancient Roman Trusts. 
“Script” money or [negotiable debt instruments] was issued by a private corporation, which is owned by a group of Sabbatean European Jewish Bankers and which is known to everybody as: “The Federal Reserve System.” These promissory notes were called Federal Reserve Notes and our future treatment by the U.S. Government was to be redefined under USC Title 50, ‘The Trading with the Enemy Act’ in which American citizens are defined as, “an enemy of their government” and this is the reason why Lincoln’s Declaration of War is renewed yearly by Congress and the President! 
In the same year President Roosevelt closed THE VIRGINIA COLONY CORPORATION and opened a new Government Corporation called: THE UNITED STATES, INC. “The Federal Reserve Act” was designed and written by a German National who was repatriated into the United States in 1903 through Ellis Island of New York. His name was Paul Warburg, and who was a carbon copy of Alexander [Levine] Hamilton (LEFT.) 
Mr. Warburg was a Sabbatean German Jewish Banker and CFO of the Rothschild Banking Empire. Mr. Warburg’s assignment was to craft a 

piece of legislation designed to control the finances of the United States Corporation from Europe. 

The Federal Reserve Act is approximately 1500 pages and places the currency and finance for the United States Corporation under a private corporation called, “The Federal Reserve.” The Federal Reserve is owned lock, stock and barrel, by the Sabbatean/Rothschild Banking Empire and not by the people or the corporate government of the United States. 

The Great Depression of 1929, like so many other catastrophes before and after this date was actually a staged event, concocted by the Sabbatean/Rothschild and Rockefeller Banking Empires; the Queen and British Parliament; the US President and Congress; the Vatican and numerous Elite families to steal America’s gold and silver reserves and replace it with, “Negotiable Debt Instruments” or Script money. 

Their theft was ingenious and by allowing the public to fall on hard times, the public soon began to demand that the government fix the problem by any means necessary! This was like self mutilation being repaired with a band-aid! 

NOTE: While everyone struggled in this Country to survive, President Roosevelt and the Congress were making interest bearing loans to Foreign Governments, using the very money they publicly swore did not exist! 

Germany used that money to enlarge their War Chest. The American public however was so self-indulged about their own personal fate that they never considered or asked how it was possible that all of the above government individuals, never personally lost a dime during the Great Depression and how they all continued to enjoy their family estates and personal wealth! 

Remember the term, “functional illiterates?” Need I say more? We all have been trained to believe that someone not born on American soil is an alien however we forget to consider that the Declaration of Independence was written completely by aliens and not one adult Colonist or Founding Father was born on American soil! 

The Immigration Laws of the United States are contrary to the Declaration of Independence and the biggest Terrorist on the planet is now the United States Government! This fact will be further discussed later on. 

Following the 1933 bankruptcy; most American’s were not aware that HR 1491 or HR 4960 had been secretly passed, wherein the US Congress actually relinquished our right to have or accumulate gold and silver. The Congress eventually repealed part of this legislation to accommodate jewelers but all Americans’ are still prohibited from having or accumulating solid gold and silver. 

Hence, our coins are no longer solid gold or silver but are tin and nickel plated, carbon filled coins. Pennies are tin and copper plated carbon filled coins. These Acts also established the requirement of licensing and then with the enactment of ‘The Trading with the Enemy Act’ under War and National Defense; the Confiscation Act, the Reconstruction Act and the Lieber Code were all tied together to create the secret fascist government of the United States.

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Related – The US is a Crown Colony

—————-  More Extracts from this DOCUMENTJoshua Stylman – America LLC – The Corporate Takeover You Were Never Taught

——————————– The Corporate Transformation of America

“This Is What BlackRock Is HIDING From You” – Whitney Webb’s Last WARNING

close up view of system hacking

The digital BEAST system is in place and just waiting for the right big crisis to put it into action.

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US might use credit default to attack competitors

Increasing the debt ceiling won’t save US from economic woes.

Ahmed Adel, Cairo-based geopolitics and political economy researcher

On May 22, US Treasury Secretary Janet Yellen warned that the country may be unable to service its debt by June 1 unless Congress raises its ceiling or suspends it. In turn, President Joe Biden ruled out the declaration of default. At the same time, despite all the predictions of doom and gloom, the US could benefit from a default, especially to wreak havoc on the international economy and competitors.

In the US, the amount of public debt is limited by law. Currently, it has reached $31.4 trillion. It is up to the US Congress to raise the national debt ceiling, but this year the issue became a major contention between Republicans and Democrats. The Republican party, with a majority in the House of Representatives, set a condition: it will vote to raise the ceiling if the Democratic government accepts significant cuts in budget spending. 

Specifically, the Republicans propose cutting tax credits for the purchase of electric cars and the installation of solar panels, as well as reducing public spending on the repayment of educational loans. For Democrats, if they want to win the 2024 presidential election on their terms, these conditions are unacceptable.

No economic reasons for default prevent raising the public debt ceiling. Still, there are political reasons. The Republican majority in the US House of Representatives want to bring greater accountability to the Biden Administration, which has been making economic decisions without consulting Congress. The Republicans hope to catch the Biden Administration, the Federal Treasury, the State Department, and the Defense Department violating American law.

There is a low chance of default in Washington, but this does not rule it out entirely because a default can be used as a financial weapon capable of unleashing a global economic crisis which will also affect the US’s main competitors. It is much easier and more politically legitimate to default in the context of increasing global military and political tensions. For this reason, it cannot be entirely ruled out that Biden will pursue such a path.

Likewise, the US could use default to influence other countries. Despite the enormous debt figure of $31.4 trillion, the external debt is only $7 trillion. Consequently, some countries —which Washington will want to target economically and geopolitically— may be the victims of this default. 

Even so, the main thing for the US is not to let doubts about the sustainability of its economy and debt loom. If a default occurs, it will be more difficult for the US to obtain loans because the reliability and lack of alternatives to these investments will be questioned. In this case, depositors will invest in US securities and others. 

For this reason, the probability of default is low because many tools exist to avoid it. Article 14 of the Constitution could be invoked, which states that the US debt cannot be called into question. Also, the Federal Reserve could easily double its balance sheet and buy all foreign debt.

On May 24, the US House of Representatives speaker, Kevin McCarthy, acknowledged that the Republicans and the White House maintain substantial discrepancies on the increase in the public debt limit requested by the Biden administration. The senior official expects to negotiate with the president daily until an agreement is reached.

Even if Republicans and Democrats overcome the impasse, it is recalled that in 2011, the last time the two parties had such fiscal odds, the most severe turmoil happened after a deal was struck, which saw shares fall the most steeply since the 2008 financial crisis. This was also amid worries about the impact of the spending cuts made to get the agreement and the implications of a downgrade in America’s bond rating by one credit rating agency.

Fitch Ratings on May 24 put the US on a negative watch – the first step toward a downgrade in the country’s rating by the major credit ratings firm. The credit agency cited “increased political partisanship” and weak governance compared to other countries that hold its top rating.

“The brinkmanship over the debt ceiling, failure of the US authorities to meaningfully tackle medium-term fiscal challenges that will lead to rising budget deficits and a growing debt burden signal downside risks to US creditworthiness,” the company said.

All this signals that the US is on the economic brink. What is most alarming, though, is that if the US was to default, it might not do so quietly and calmly but instead use an opportunity to bring down the world economy to hurt enemies and partners alike.

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