I believe and think that the excessive debt and budget deficits of Western countries, along with their irresponsibility when it comes to money and fiscal policies, are a threat to the whole world economy. This fiscal foolery will come to a head one day…
Also no one is being held accountable in the West as they steal resources from undeveloped countries. Resources worth much more than the fiat used as loans. This is and has been done by worthless fiat swapping for real goods…
This is what and why The World Bank and IMF (two western constructs) were created to do. They have never met the financial needs of developing countries since their purpose has been a role of castigateing instead of helping and using money loaned as a leverage to conduct changes politically and morally against developing countries…
WtR