Defaulting banks - where will it stop?

[Jan Klimkowski]

In conventional economic terms, Denninger is correct.

However, I believe there are additional factors at play here, which include:

i) financial wildcards, such as David Guyatt's research into "black gold" and the elite's willingness to attempt to rewrite the nature of money (eg through an attempt to create a new global currency);

ii) wars - either deliberately created or allowed to happen - as national economies stop functioning;

iii) the playing of a technological wildcard to shock and awe the global population. For instance, Skunkworks/Tesla technology disguised as something else in a truly terrifying global psyop - perhaps some C21st of the Orson Welles' War of the Worlds but played out for real by the elites.