US Bankruptcy is being executed through front organizations like NGOs, etc.
Thomas Jefferson said:
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…I believe that banking institutions are more dangerous to our liberties than standing armies… The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
Now you can see how they are foreclosing on we bankrupts. Every towed car, every foreclosed house or farm, every seizure of precious metals, every honest citizen disarmed, is another step down the slippery slope of slavery.