The world is full of people paying for the economic fraud of unelected, rapacious and sociopathic dictators.
Latin America and Africa tend to be the hardest hit by this phenomena.
This is what happens:
Mr. Tin Pot Dictator runs up an incredible debt buying gold cadillacs and weapons with which to dominate and exploit the people of his country. The people suffer miserably, the Dictator lives a lavish lifestyle above the law until he is deposed in some manner, then the banks move in and enslave the people and control the sociopolitical landscape by leveraging that illegitimate debt against the progress of the population, innocent victims of authoritarian rule.
It seems to me that there’s been a quickening of this trend, and it’s taken place right here in America – naked right in the open. Bankers have muscled out the middle man, the Tin Pot Dictator, and have become the Dictators themselves.