The plan is clear. Troika is exploiting all those poor countries specially the south european ones, they will take their economies down through ridiculous austerity programs, and buy their debt at a ridiculous price with the consent of each local elites. This will be a world wide agenda of privatization of all services.
Um, what? How is the Troika buying debt? I seriously din't get what you are trying to say. Would you like to buy my debts? I guarantee you ridiculous profits.
Privatising services? You mean selling state companies/land/isles to private market entities?
You can't compare personal debts to gov't debts. People buy gov't debts all the time. It's called bonds. No one will buy your personal debts because, frankly, we know you will never pay it back. Gov't debts are sold to raise money for public projects like bridges, highways, ports, etc which in turn generates revenue to pay the bond-holders. I had invested a few hundred $$$'s in US Treasury bills and they have become pretty valuable. If I had bought your personal debts, I will have lost my shirts. Do you see the difference?
personal debts are sold all the time, mortgages, loans, etc. Obviously you as an individual wouldn't buy another individuals debt, but mortgages are sold all the time to other lenders.
http://www.mybanktracker.com/news/bank-sells-your-mortgageHave you ever taken out a loan from a mortgage company or bank only to find out a few months down the road that it’s been sold? Don’t be surprised if this happens to you — multiple times — because it’s common that lenders sell mortgages.
