What I understand is the the world financial system is on the verge of collapse.
The numbers will soon be meaningless.
All economic and monetary theory has been turned on its head in the West.
Debt that cannot be paid is no longer an asset but a fig newton of someone’s feverish imagination of value.
This will soon be happening everywhere.
Greece, Cyprus, Puerto Rico are but the harbingers of things to come.
Worldwide resets are looming.
If I had a crystal ball I would be in the market and not posting on FR :). But I can predict the system falling apart for sure if Trump demands haircuts on US Bills and Bonds.
I expect debtor nations of the sort you mention to begin forming debt cartels and leveraging their position for generous settlement terms.
Speaking the TRUTH, as you done in post #50, could scare hell out of those who have nary a clue.
Very good explanation of the oncoming situation.