Communism? Don't know. But it's incredible usury. The most extreme form imaginable. And they're loaning fiat money. Worthless. But more and more countries are starting to realize the debt they're in is non-existent. Collateral was put up for worthless fiat money, under false pretenses, and signed for by criminals. So in that case, what debt DOES the country have to the IMF/World Bank, which loaned the money? I'd say none. The Great Lakes in the U.S. were put up as collateral for a loan like Perkins describes, but it was a criminal transaction. The debt is null and void.