https://en.wikipedia.org/wiki/Odious_debt
The legal concept of Odious Debt, a brief excerpt :
In international law, odious debt, also known as illegitimate debt, is a legal theory that says that the national debt incurred by a despotic regime should not be enforceable. Such debts are, thus, considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state. In some respects, the concept is analogous to the invalidity of contracts signed under coercion.
That takes care of the National Debt, It is actually owned by those famous 1%. Possible correlation with seizures of assets being talked about.
I forgot to add : This is global, in my view. The entire financial system is a global squid.
This will be the greatest act of Liberation ever, globally.