Might stand for Gew.
A sovereign state that backs it money supply with gold and silver reached the limit of money they could legally print because they ran out of gold and silver to back it. The govt not being one who wanted to quit spending money was sold the idea of creating a ponzi scheme whereby a corporation could be set up with the same( or nearly identical) as the sovereign country. This corporation would do business with a outside business to print new money not backed by anything(fiat currency) so they could spend, spend and spend for years to come without ever telling the votersb but they had to pay interest on the money printed. The voters heard one name thought it meant the other name and when about their merry way, over time the politicians were blackmailed to keep their dirty little secret hidden from the voters and the country fell into decline. When the corporation could no longer pay its interest payment it did what all corporations do…filed bankruptcy. Under the bankruptcy plan, to be able to continue to print money up to a new ceiling, the corporation had to surrender physical assets of the country to the money printers. This worked until they reched the new ceiling and had to declare bankruptcy again…and again ..and again until one day the voters of the sovereign nation woke up to find they didnt own their air, their water, their parks, their military or anything else….any it was all doing legally with the help of the blackmailed politicians who had been changing laws to benefit the money printing corporation for years and years. And the public had consented to all the new laws and had in fact given away their entire country for worthless pieces of printed paper. That is how a national bankruptcy occurs. It is all legal smoke and mirrors.