Does a 100 Trillion Debt Total Matter?

U.S. Per Person DebtHow many times have you heard soothsayers and investment guru’s forecast that the collapse is imminent? By all logic, they should be right. Nonetheless, there is to all intents and purposes, no end to the economic and governmental subjugation that continues uninterrupted.
Public and private debts are ultimately satisfied when insolvency turns into liquidation. Lawful and legal procedures do not apply when entire countries and economic alliances go on the chopping block.   Funny money always buys fewer possessions. However, global indebtedness diminishes human freedom on a far more vast scale.
In the end, the trillions in unpaid debt instruments will continue to accrue interest from the theft of several billion peons that are afraid of resisting the established global order.



Submitted by James Hall, BATR

Debt is everywhere but it just does not seem to matter. Thanks to the folks at Zero Hedge, you get the account Global Debt Crosses $100 Trillion, Rises By $30 Trillion Since 2007; $27 Trillion Is “Foreign-Held” – Total global debt has exploded by 40% in just 6 short years from 2007 to 2013, from “only” $70 trillion to over $100 trillion as of mid-2013, according to the BIS’ just-released quarterly review“. They make this assessment:

“Not surprisingly, given the significant expansion in government spending in recent years, governments (including central, state and local governments) have been the largest debt issuers (Graph C, left-hand panel). They mostly issue debt in domestic markets, where amounts outstanding reached $43 trillion in June 2013, about 80% higher than in mid-2007 (as indicated by the yellow area in Graph C, left-hand panel). Debt issuance by non-financial corporates has grown at a similar rate (albeit from a lower base).”

There seems only one valid conclusion drawing upon these figures. Whatever economic activity exists is based upon government expenditures and that corporations have lowered their interest rates on their outstanding debt. The former is most disturbing, while the latter, under normal circumstances, would offer a promise of an expanding economy.

Since the former middle class has endured the greatest loss of income and experiences a distinct lowering in their standard of living since the financial meltdown, the prospects of main street prosperity seems remote at best. Corporations, as a whole, have improved their balance sheets as they lower their debt service, accompanied with cost efficiencies and reduction in employee costs. The day of the upward mobility career looks like a distant memory for the working class.

Government employment is growing, but such a public sector economy never produces actual wealth. Only a disturbing burden of welfare obligations of all kinds and an increase in state debt comes out of this pattern of a false and unsustainable economy.

On the contrary, is that ultimate collapse inevitable when the paper financial system just keeps churning out a rise in the stated 40% increase in debt in just 6 years? Why not just continue the quantitative easing influx of funds to roll over past debt and purchase the new bonds needed to run the State/Corporate economy. If this irrational strategy is not working, why has the bottom not dropped out of the world economy?

This is a very sobering viewpoint that defies the normal predictability of mathematical consequences. Surely, there can be no debate that this 100 Trillion indebtedness will never be paid off. However, the political accommodations always seem to invent another rescue plan that prevents the wheels of commerce from stopping.

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The reason why the elites are able to get away with this practice of delaying the inescapable is that they make the rules of how to elude the last constrains that would impose accountability. The financial game is like a moving target that never flies out of range. The quarry just changes direction and speed. Requirements for default are rewritten and the next imposition of austerity packages demands even more harsh burdens for the taxpayers. Net result from this tactic is that the purchasing power of all paper currencies loses value.

Possessing a monopoly on money means that this alarming world indebtedness only requires a periodic company bankruptcy that liquidates the stockholder equity or a governmental devaluation of its currency, which further impoverishes its citizen’s wealth.

Remember that the Bank of International Settlement is the central bank for all the other banksters’ own fiat fractional reserve branches. The essential question to investigate is why does every readjustment of national borders with the creation or demise of a particular country, immediately establish a national bank that conforms to the standards of the banksters’ financial system?

The obvious reason lies within the control of debt created currency. Not until every facet or deed of possessions is encumbered with a property lien, will the debt total be modified to superimpose a new financial order.

The uber-rich are not a function of amassing wealth alone. Titans of financial oppression are manipulators of the political banking system. Being part of the decisions that expropriate from the common-man and consolidates greater control under the auspicious of an evil elite, is the chart that needs to be tracked.

Funny money always buys fewer possessions. However, global indebtedness diminishes human freedom on a far more vast scale. While the economics of inconceivable debt defies intellectual acceptance, the absurdity of the geo-politics moves further to an institutional enslavement that is even more unimaginable to the naive laborer in a corporatist environment.

How many times have you heard soothsayers and investment guru’s forecast that the collapse is imminent? By all logic, they should be right. Nonetheless, there is to all intents and purposes, no end to the economic and governmental subjugation that continues uninterrupted.

Public and private debts are ultimately satisfied when insolvency turns into liquidation. Lawful and legal procedures do not apply when entire countries and economic alliances go on the chopping block. In the end, the trillions in unpaid debt instruments will continue to accrue interest from the theft of several billion peons that are afraid of resisting the established global order.

Economic prosperity is possible, but only after the chains of financial incarceration is broken. Within this zero interest rate backdrop, the acumination of untold fortunes grows as the people sink into a greater poverty. This plan is working well for the banksters.

Next, the winds of war are on the horizon to ratchet up another phony conflict in order to sell an even greater austerity to the public. It is very plausible that a 100 trillion measure will be but a long forgotten barrier when the gnomes of financial pillage ramp up their next rescue scheme.

Never underestimate the creative criminal wizardry of the central banksters to sell their next round of thievery or the gullibility of the masses to obey the dictates of outlaw governments.

 


Comments

  1. We’ve all talked about the fact that the obvious result of all this debt binging is going to be a war when things blow up as cover or because of it. Between the middle east meddling, the Ukraine, and China / Japan tension it looks like we’ll probably end up being proven right.

  2. Perhaps the MMT boys are correct, deficits do not matter.

  3. In 2013 people in America spent $56 billion on their pets.
     My wife accounted for half of that, taking good care of our 12,840 cats.  
    The good news is that she did not accumulate any debt for the care
    We used silver to pay for cat food.
     Dr Kitty DVM lives in the spare bedroom
    I went long on Tidy Cat last year
    If you think this is ridiculous, so is $100 trillion in debt

  4. 100 trillion is not that rediculous when the fed can print 200 or more… one trillion dollar platinum coins to pay off the debts.  They should have a few left over to get them by for another few years.   

    • Because, even though “Fiat” means just that, and the whole world is printing funny money, they all try to do so within a range of one another for balance. If everyone is happy, no one cries “Foul!”.  Dollars, being the reserve “Funny Money” is no different, but the measure in which all funny monies are measured.  If we simply minted 5 coins, called it 5 trillion, deposited it, and typed up 0′s on a computer, so our banks could purchase rice, wheat, and homes, all which require labor and resources (real wealth) then the game becomes SO GROSSLY OBVIOUS! Someone would surely cry “FOUL!”
       
      And the game would have ended then.
      Even the swindler at the 3 card monty table nearby the bus stop doesn’t make it look obvious that he’s sliding a card off the table.  The game must LOOK legit (within some rules of gaming) – even though your parents warned you about him… if it puts on a good legitimate show, albeit contrary to your gut, you may just play!

    • Game has ended, the crowd is cheering on a dead corpse

  5. I try to imagine how wealth breeds coruption of power. I can`t wrap my head around why a person or corporation of immense wealth feels the need to control politics. Isn`t massive wealth good enough? Why the need to be in control of everything?
     
    Mabey that`s why I`m not uber wealthy?   I blame no one.  I take responsibility for myself.

    • Some healthy wealth can be gained legitimately, and honorably, or through hard work and due diligence.  But Uber Wealth is only gained through corruption, lies, theft, and/or murder. (name a sin, one of them are involved you can be sure of it!)
      This is because when you become that BIG, you begin chipping away at markets being profited by other oligarchs.  They don’t like you chiseling your way into their niche. So then politicians get bribed to close you down, or pass laws barring your participation for one reason or another. Threats are made to specific people, and examples are made for those who don’t believe how far the hostile Oligarch will go to secure their niche. Small investors get lured by lies and stolen from, misdirected, forced to sell if they are on to something that may grow to challenge another’s market, blackmail, you name it!
      No one gets THAT BIG without greasing wheels (or hands!) and that is where corruption begins. Like any crime, it becomes a gateway to other criminal acts to get what and aspiring Elite wants.  Just like criminals… it’s an affliction.  Really, no one should be Uber-Rich.  The possibility for LARGE SCALE corruption is (I would like to only say 99.9%) 100% certain.  I don’t care how nice their smile is, they’ve participated in some of the ugliest scandals and debasing activities to get/stay on top.

      NOTICE: This is the opinion of the author of this post, and does not reflect the opinion of the board members or owners. As an opinion it is subject to challenge, and is not meant to be construed as an accusation or factual matter. (in case Soros is reading this) Please do not sue me! :)

    • Silver Dollar, I have thought about the same theory as to why the wealthy must control the power.  Oddly enough these intellegent beings brush history aside even though it is littered with the carcasses of the same types who went just a little too far. 

    • @Silver Dollar
       
      “Isn`t massive wealth good enough?”
       
      Apparently not.  If it was, then those who have it would be satisfied with what they have and they would not always be messing with others by forcing their will upon them.  Ghengis Khan is reputed to have said, “It is not enough that I succeed.  All others must fail!”.  This is indicative of the people whom we are discussing.  But then, in some ways, I can really pity these people, for I have something that they not only do not have but will never have.  I have enough and I leave everyone to their own devices as to how they manage their lives.  My only stipulation is that they not screw up my life or those of any of my family or friends.  That’s not asking too much, is it?  :-)
       
      “Why the need to be in control of everything?”
       
      Their thought seems to be that if they can control everything, then they can at last be free from the fear of losing all they have.  No one will be able to take it from them.  But, as with all unattainable dreams, this one suffers from a terrible problem.  Control is an illusion.  No one has control but many who are desperately afraid of the unexpected pretend that they do.  This is like whistling past the graveyard.  What little real control there is, is very temporary and very limited in scope.  I am in control of my fishing rod but I cannot control what chooses to bite on the bait I am offering.  Will it be a juicy tuna, a plump salmon, or a worthless sand shark?  No way to know without reeling it in… if I can.  It might throw the hook or break off the line on a rock or other underwater obstacle.  Much else in life is similar to this simple example only somewhat more complicated.  So much for “control”.
       
      “Mabey that`s why I`m not uber wealthy?   I blame no one.  I take responsibility for myself.”
       
      That’s good.  That makes you a REAL person, IMO, and not some fake person always chasing the unattainable because they have no clue that it IS unattainable.  :-)
       

  6. The vast disparity between intrinsic rational value of goods and the fraudulent fiat valuation of banknotes is why debt is perceived as ‘unpayable’.

    No one seems capable of understanding that by making banknotes reflect their true intrinsic value (and ridding ourselves of the stupid things in the process), the debts reveal themselves as entirely manageable.

    • Pat
       
      The real, or admitted to debt America carries, is unpayable by any standard. Banknotes are recognized as valuable, by most Americans. Even the mass printing of bankotes will not pay the debt, it will expand the debt. I`m absolutly sure you understand this, you have railed on the subject at length.
       
      Is it your position that by abandoning banknotes, and our debt is valued in banknotes, we can delete the debt?
       
      Do you believe that the uber wealthy will permitt this?
       
      I for one, do not.  There must be a conclusion, human nature demands it.  I think our best option is to embrace the Constitution. Admittadly a long shot, seeing as those in Washington(who swore to uphold it)are the largest conglomeration of whores ever assembled. And who work dillagently to expand thier own wealth, could possibly be bothered to abide by the document they swore to  uphold.
       
      This nation will need a Constitutional Ephiany to survive. And don`t count on a politician to be the first to raise thier eyes upward tword the flag.

    • Silver Dollar … “Is it your position that by abandoning banknotes, and our debt is valued in banknotes, we can delete the debt?”

      No, simply abandoning banknotes while retaining their ludicrous imaginaary valuation is what government and bankers crave we’d fall for. That delusion leaves real assets at risk on that phony trumped basis … which is why we’re in this predicament in the first place.

      I’ve explained this a few times here on the forum. The true tangible value of American banknotes (for example) is about two 1913 cents. That’s openly confirmed by the Bureau of Labor Statistics in a chart I’ve also posted here numerous times. So, if all the banknotes (and ‘liquid’ digital counterparts) would be converted to, say ‘American Currency Units’, composed of 2 trillion coins (given the article’s total) at 6.5 grams of copper each, the banknotes can be eliminated … along with all the impossibly heavy baggage they entail … leaving a natural silver exchange to spring up organically.

      The beauty is, that wages, prices, accounts and the rest of the financial superstructure we’re all inextricably conditioned to living with daily … doesn’t change, except for ’rounding’ accommodation. No ‘mayhem’, no ‘apocalypse’, no ‘catastrophe’. We simply Re-Set back to the starting space of 1912′s macro-environment, where money and goods existed in a relative value equilibrium, only much the wiser for having so idiotically fallen for the paper boondoggle.

      You see what will happen? The ‘Coppers’, or ‘Currency Units’ will be naturally valued according to their intrinsic rational relationship to all other things. There CAN’T be much variance in the similar relationship to silver, by weight, so silver will RACE into the fray to take back its historic ‘mid-tier’ role without fear of abuse because the exchange determinant will center on Weights and Measures.

    • “So, if all the banknotes (and ‘liquid’ digital counterparts) would be converted to, say ‘American Currency Units’, composed of 2 trillion coins (given the article’s total) at 6.5 grams of copper each, the banknotes can be eliminated … along with all the impossibly heavy baggage they entail … leaving a natural silver exchange to spring up organically.”
       
      Right… and all we need to make this work is 14,317,181.6 TONS of copper.  Talk about “impossibly heavy baggage”!  lol
       

    • Ed_B … “Right… and all we need to make this work is 14,317,181.6 TONS of copper.”

      Ed, you do realize that all current coins are mostly copper, don’t you? The problem is that their ‘face’ value is aligned with the banknotes. The bogus coins already in circulation could supply a large portion of the material when exchanged for the new coin.

      Prejudice carried along on the back of preconceptualization leads one in circles.

      Does it help to realize that the ‘Coppers’ I propose and the circulating ‘Presidential Dollar’ have … the same melt worth? In reality, they’re identical, except that on the one hand the ‘Copper’ is held in it’s real relationship to real goods, but the other is inflated with completely phony ‘value’ far exceeding reality. It’s a ‘Red Pill, ‘Blue Pill’ sort of thing.

    • Pat and Ed
       
      I fully agree with both of you. The part that most Americans don`t buy, is the life style change. It appears to me that most of the people I see are living way beyond their means. And have no plans to change. When I was a kid, it was called “Keeping up with the Joneses”. Now Americans believe it`s “Keeping up with the Cardashions”.   Americans have expectations of life style. When expectations are not met, anger is the out come.

    • @PatFields
       
      “Ed, you do realize that all current coins are mostly copper, don’t you?”
       
      Indeed.  Being reasonably well educated and aware, I do know this.  My point was that this would require a LOT of copper, not that it was impossible to do.  This amount is just over 80% of world annual copper production.  No doubt, there is a lot of copper available in the US, much of it as recycle scrap, but also perhaps as freshly mined material.  There were copper mines in both AZ and MT but I do not know if they are still in operation.
       
      “ The bogus coins already in circulation could supply a large portion of the material when exchanged for the new coin.”
       
      I do not know what the tonnage of US coins / copper amounts to these days, but zinc seems to be in the process of taking over as the metal in greatest amount in US coins.  It is significantly cheaper than copper, as you know.  What next?  Super cheap aluminum coins that weigh next to nothing but seem to describe their intrinsic value quite accurately?  I have held some foreign coins that were made of aluminum and they are very insubstantial.
       
      “In reality, they’re identical, except that on the one hand the ‘Copper’ is held in it’s real relationship to real goods, but the other is inflated with completely phony ‘value’ far exceeding reality. It’s a ‘Red Pill, ‘Blue Pill’ sort of thing.”
       
      So, Pat, what IS copper’s real relationship to real goods?  Those who buy and sell copper can do so all day long for around $3 a lb.  Does this mean that a $1 “copper” would weight 5+ ounces?  If so, I would hate to carry around some $20s.  On the other hand, a silver $20 coin would not have to be all that heavy.
       
      Also, at least in the Matrix movies, people WERE given a choice as to whether they would take the red or blue pills.  Do we have that choice these days or are we merely led to believe that we do?
       
      But, let is finally leave this silly dollar thing on the ash-heap of history.  I never really cared for the term “dollar”, as it seems to be a throwback to the days when Spanish money was in use in early colonial America.  I am sure that they called it the “do-LAR” or some such Spanish pronunciation.  Can we agree that coins of copper, silver, and gold need only their metal weight and fineness stamped on the coins and nothing whatever that refers to any form of fiat?  :-)
       

    • Ed_B … “So, Pat, what IS copper’s real relationship to real goods?  Those who buy and sell copper can do so all day long for around $3 a lb.

      Since banknotes are wholly imaginary constructs, it serves no realistic purpose to think in their terms, outside of sheer practicality, hanging on an immediate, tenuous, gossamer thread. The real price of copper (Troy) is in ratio to silver (and vice-versa), which is at the moment, 106.3:1  … even under banknote constrained suppression of both metals. The ancient 100:1 ratio has been, for the years I’ve been taking notice of it, a focal point around which market quotes have gyrated under (intentional) credit-driven volatility, but a blatant reference point nonetheless. I’ve seen it rise up to 80 and drop to 120, but the trend is to seek 100.

      Can we agree that coins of copper, silver, and gold need only their metal weight and fineness stamped on the coins and nothing whatever that refers to any form of fiat?

      Absolutely … 1000%. That’s exactly as it ought ever to be, Ed. Honest Weights and Measures.

  7. It doesn’t seem to matter to our government or even most of the other governments of the world. The big question is how did we just the government of the USA get enough money in the world to make a debt that high. Just the ability to acquire that much money to loan to us in outstanding. But then I think about it an its very easy an how they did it. And being able to comprehend how they did it. Makes me feel actually the debt is bogus to begin with. Its very simple QE has been around for a very long time. Because other countries have been doing it an that’s how they come up with so much money to sell a mountain of debt so large to us. I bet over 75% of our debt financed by other countries just printing money just to buy our treasury bills. So actually we could just print or coin 17 trillion dollar bills. Or just let it default since it was just made from no effort to produce it

  8. Slowly but surely, I am coming to the conclusion that the debts out there do not matter.  My reasoning is that they are denominated in US dollars, which are in and of themselves a fantasy currency, dreamed up by the banksters, and pulled out of thin air at their whim.  How can anything this flimsy and insubstantial have any meaning or value whatsoever?  We are like people who have been hypnotized into believing that we are gently holding a little blue birdie in our hands when no physical bird is present.  We only THINK that we have one in our hands.  On this level of existence, thoughts do not create reality.  Instead, they tend to reflect reality.  Perhaps on a higher level, this will not be so but for the present, it seems to be so here.
     
    For a completely different experience, close your eyes and place a FRN in your hand for a few minutes.  After several seconds, it will seem not to be there at all.  Now, repeat the experience with a 1-oz. gold or silver coin in your hand.  It ALWAYS seems to be there.  Not only that but it seems to be getting warmer with time as it is held.  Yes, it is real… and paper is not.
     

  9. I heard there was a report that showed a massive drop in foreign held US treasuries today, the conclusion was Russia pitched theirs.  I don’t follow those mkts closely, rely on others like AG for their reads on them.  I checked in here thinking I would see a lot about it, anybody else hear (or read) anything in this line of thinking?

  10. mikeyj80  there were a few speculations on other sites that the Russians might have lightened up on their UST  I dont follow the TIC reports but they were weeks late this month from what I read.  The foreign holdings were down $100 billion. It would  not take a global strategist long to figure out that the US would not respond militarity to Russians annexation of the Crimea and potential takeover of the eastern part of UKR.  The only weapons we have are financial including the sanctions against the LOligartchs wealth, closing access to accounts, confiscation of Russian accounts, withdrawals of viza and the like. Rattling paper sabers is not always effective in a world of paper and the ability to shift paper assets with one key stroke.
    While the wealthy Russians heavily invested in Cyprus were given as much as a week’s warning before the banks were bailed in,  we have a much longer and larger reach   But I am pretty sure that most of the wealthiest most influential and well connected Russians were given the word that sanctions could result and they should move their holdings to safe havens. These sanctions can hurt and cut deeply because of our reach. The chairman of Gazprom was given a week’s notice of the impending Crimean action and hold his holdings, avoiding the 25% drop in the shave value. That is some good insider intel IMO. It’ll not be an uncommong asset reallocation as the news rolls out as to whether the US sanctions had some effect.
    That might explain the $100 billion drop in foreign TIC holdings. Central banks are not stupid.
     The Chinese might also be reallocating their USTs. They could predict blow back from the Russian actions.
     If the central bank needs liquidity they might need to dump UST for that purpose.  I am not sure how it works for Chinese banks suffering a large liquidty crunch due to defaults and currency problems to dump treasuries but it think its a forgone conclusion that USTs would be one of the best forms of liquidity and collateral to help their suffering banking system
    It may or may not be all that complicated but according to Kerry, the real action starts Monday, after the Crimeans annexaction vote. That is when things could get really interesting. Gold might shoot up and rumor has it that being short gold this weekend might not be the best idea.
    I’d wager that gold will decisively break $1,400 and move to $1,450 But then there is the chance that our POMO friends will dump 500 tons of paper gold contracts.
    From a military standpoint the $100 trillion in debt does matter. We hold about $20 trillion in public private debt and that is not an asset when China and Russia want to task us for our attempts to use currency as a blunt force instrument to war foreign policy We are very weak when it comes to that score.

    I think that with all this talk from Pat Fields and EdB about real money,we need to revisit the Good Ship Venus and hear from the Red Headed chief of that vessel

    The Captain’s name was Copper
    By gar he was a whopper
    6 foot three
    With a Phd
    And a silver bung for a stopper.
    and a big Duh. I just realized this was noted in Morgan’s pod cast on SD. maybe I should read that before commenting

    • @AGXIIK
       
      So, if the US and EU are stupid enough to pursue these sanctions and they actually cause financial pain in Russia, how long will it be before Putin orders the gas and oil valves to the EU closed until the sanctions are lifted?  My guess is not long.  Spring is coming but it is not quite here yet.  If Putin wants to make a point of this, it will be best made before the weather warms significantly.
       
      It is convenient for Russia to sell gas and oil to the EU but it is not necessary.  India and China will buy every bit of gas and oil that Russia can produce and be very happy to get it.  Because of this, Russia can hold out against economic sanctions indefinitely.  I doubt that the EU can do so.  They NEED that fuel and they need it now.
       

  11. Agreed on those points Edb   Putin is a black belt level in judo  That is the art of using both technique and the opponent’s body weight and lack of skills against him  This is a situation where a judo hold like the petro body slam and head lock (I missed the class on those moves). The EU zone reportedly has 4 months of petro supplies but like any good seige, the supplier of pressure can outlast those inside the castle
    Putin’s hold a more tenuous today that 4 years ago since other sources are starting to provide gas and oil to Europe, north and south pipeline, bt Putin has his allies in Iran, Syria and China. They are all serious P.O.ed at the western FIAT hegemony
    Europe is still vulnerable to currency wars and the  oligarchs have a lot of financial throw weight in the the financial centers like London and the City thereof.  Few of the red shield ghouls, property mavens and traders want to lose their ultra wealthy trading clients.  In this case it’s all about the money. Crimea and the UKR are just pawns and I serously doubt if the EU cares a fig about those two countries.  
    This is about Obama’s weakness and the martial arts master taking down a large but weak and inept opponent on several fronts.  Putin has put Obama in a box with Syria and Iran.  UKR won’t change much except that it rotates back to the Soviet orbit. It is as vital to Russia as any suzzerainty is for us. Like Puerto Rico, maybe Panama, Mexico or Canada.

  12. On another matter, and maybe Sovereign Economist, Flying Wombat or others can comment in this 
    I’m starting to think that Malaysian Flight 370 IS the False Flag.  Not something that might be used to create a future false Flag
    This event has riveted world attention, the 24/7 news cycle and large segments of surveillance resources to this event while distracting from the larger issues in Crimea, Iran, Syria, China’s banking crisis and the problems in the US, our dollar dropping etc etc. Flight 370is sucking the air out of the room.
    BTW Where are all those super drones that can spot a gnat’s nutz from 5 miles up?
    While 95% of the people are distracted by ‘squirrel’ news and ‘dog whistle’ commentators breathlessly issuing somber statements accompanied by clangs, gongs and bright lights, the State continues to drop its curtains down on us.
     I am sure there are pollsters who’s sole function is to judge how much attention is diverted to this high visibility event and thus how much damage can be done behind the scenes
    Behind the scenes is the election in Crimea, China’s banking and debt structures collapsing the the Chinese/Japanese hot emotions over the Sendaku islands, a really big story that might be playing into the flight 370 saga   Would Japanese use this jet as a false flag? 
    In a heart beat  
    Abe is bat guano crazy.
      Fukushims ia killing Japan with radiattion.
     Their currency is killing Japan with FIAT
    Abe and his kamikaze wing nut elites pray to some weird death cult and long for that same world wide extermination event that will allow these men to rule the world as the superior part of the human race. With all the problems in Japan they desperately need distraction and conquests. They cannot afford to give an inch to another power.
    They shorter than the average American but they are just as big a pack of jingoistically nut case whack jobs as the Oligarchs, NWO elites and bozos in the European castles. And then there’s the triads and their influence

    • Missing plane does not feel like a false flag IMO.  Just isn’t enough gov’t hype like other known false flags.  Remember the underwear bomber on Christmas Eve.  U.S. gov’t was ready and waiting to roll out the naked body scanners the next day practically.  When the gov’t downplays it, it’s real terrorism.  When they play it up, it’s a false flag. 
       
      I just wonder if this was a hijacking by remote control with a flight crew struggling to regain control.  The 777 is totally fly by computer.  Or was it an inside job by a terrorist pilot with the authorities trying to regain control of the aircraft remotely.

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