Two important aspects of the New World Order or One World Government which are assisting in bringing it about are control via national debt and regionalisation.
Control via national debt: The southern European economic crisis (Greece Spain Portugal and Cyprus) has highlighted a very effective control mechanism – external control of a nation through its national debt. The majority of our money is created by private banks as credit – personal and business loans mortgages overdrafts and so on. This fictitious money is then lent to a nation on a global scale increasing its national (or government or public) debt. The UK national debt for example increased to 1.8 trillion or nearly 90% of GDP in 2018 up from 35% in 2008. Due to Covid-19 the UK debt stood at 99.6% of GDP at the end of June 2020 the highest debt-to-GDP ratio since the fiscal year ending March 1961 (Trading Economics). The interest rate on such loans can be high necessitating severe austerity measures. As a result the debt mechanism provides bankers with enormous profits power and control. The International Monetary Fund (IMF) a United Nations organization has declared itself the global central bank with the authority to set regulations and issue a global currency to nations.
Regionalisation appears to be another important component of global control. At the moment the world is divided into three major economic zones: Europe North America and the ‘Pacific Rim’ nations (Japan S. Korea Taiwan etc). The Trilateral Commission’s goal is to harmonize these three regions. In turn each region is being harmonized by the consolidation of nations into a superstate (nation states would then simply be geographic references.)
Fiscal union within a region appears to be necessary. The ultimate goal is to form three “unions”: the European Union (which is nearly complete) the American Union (an economic union encompassing the entire Western Hemisphere) and the Asian-Pacific Union. Britain had already lost most of its powers by the time Brexit occurred.
German Foreign Minister Guido Westerwelle stated in 2010 that Berlin supports the long-term goal of creating a European army to strengthen the EU’s role as a global player:
“The long term goal is the establishment of a European army under full parliamentary control”.
Another regionalization program is also in the works. The world should be divided into ten political-economic regions or kingdoms according to the Club of Rome. The United Nations currently has five Regional Economic Commissions which cover Africa Europe Latin America and the Caribbean Asia and the Pacific and Western Asia. For development it has ten Regional Groupings. The program’s overarching goal has been stated unequivocally:
“The regional governance architecture is growing as an essential building block of effective global governance”.