Debt, a neo-colonial mechanism of exploitation
Although stimulating for the economy, wars aren’t getting very good press these days. Since our partners in the arms industry also have a right to earn an honest wage, wars are often provoked in poorer countries, but the truth is that civilized countries and armed conflicts just don’t go together any longer. The overvalued Human Rights Declaration and other naïve ideas have managed to make most people view wars as something as obsolete as VHS videos. The digital age requires more efficient and refined tools in order to win the fierce competitive struggle.
The colonial age and the two World Wars were very good for business, but we still had the urge to conquer more markets and to free ourselves from irritating hippies and politicians. As such, we created Debtocracy. The idea is simple: persuade politicians, through gifts and/or threats, to privatise public property and stop expropriating from the rich by way of taxes. From now on governments will need to borrow in order to keep people happy and stay in power, and they will stampede to the markets for financing. Eliminate “civilising” regulation in financial markets and impose the loan conditions that suit you best at the time. Then, the World Government will be yours – easy, clean and effective.
For many years very well-paid experts have designed financial engineering strategies that have allowed us to bring up to date colonial strategies that were used to obtain political dominance, land and natural resources and to seize State infrastructures or tribute collection. Why bomb a country, when you can just wait till its own government hands it over to you, paying you juicy interests to boot? Why provoke another war in Europe if you can make all your countries compete among themselves over a risk premium that allows the winner to benefit from the loans? Now we can get rich without having to worry about whether there will be enough bombs, inventing excuses, or putting on sad faces when confronting mountains of corpses.
The extensive experience acquired by the IMF in the Southern countries and their judicious advice taught us that, additionally, in Europe, financing the economy and public debt could be a foolproof method to take over other people’s wealth without feeding international conflicts or dealing with insufferable pacifists. It may be true that several cities in Southern Europe look like stage sets from a WWII movie, and that some people complain again about the German government’s determination, but in the current European Union there is lasting peace and solidarity among countries. The Troika Party will continue fighting for it, with every weapon available.
Photo: Nils Geylen.
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