Bankruptcy Of Nations Or Continued Plundering?

Since there are so many countries that are bankrupt, what is the international bankruptcy procedure? Is there a mechanism in place to handle these derelict nations?

Are the central banks in control of the justice system? Is there a justice system that is based on codified law, rather than the ego-driven common law, that can make judgements independent of the rampant worldwide political corruption?

If not then, until such a system of justice is found, the only alternative appears to be more and more desperation to create totalitarianism in all of these nations and in the world so no one can challenge the economic terrorism of these ego-driven interventionists.

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