Ben Fulford says that there is a real very possibility of a Debt Jubilee in October?? Followed by - in tandem with - a global monetary reset. See his latest podcast.

Also : Former BIS Chief Economist Warns of Massive Debt Defaults, Need for Debt Jubilee

Jan 26, 2016 - "A debt jubilee is only part of the medicine needed to get the economy out of the ditch."
Here is the key quote from William White, former chief economist of the Bank of International Settlement (BIS) ... As James Montier of GMO pointed out...
https://www.nakedcapitalism.com/.../former-bis-chief-economist-warns-of-massive-de...
[[ GMO - Grantham, Mayo, & van Otterloo (GMO), a Boston-based asset management firm.]]