Thor leaves, and without him by his side to knock some sense into him, Loki easily tricks balder into moving the asgardians to a country more like their own so nothing like Bor happens again.
But where is such a cold welcoming country where eurobarbarians like them can call a home
Well, Loki knows one.
He tricks them into going into latveria.
Land of supervillain boss of all basses, mr boogeyman himself Doctor Victor VonDoom
So, Doom welcomes asgardians into Latveria, and they're all positively excited about the move.
Little do they know that while they eat drink hunt and feast, Loki sneakingly kidnaps low asgardians once in a while for Doom's experimentations.
There, Doom begins to explore through magical vivisection, the secret to immortality and the energy that composes an asgardian essence.
However, Bill, human lover of the pure hearted goddess Kelda the Stormrider witnesses one of these suchc vivisection, the involvement of Loki and Doom in it and rushes to tell Balder of the wickedness of their hosts.
Doom and Loki however see that he witnessed their actions, Loki sends his asgardian henchgoons in a race to kill him before he gets to balder.
Bill makes his stand but is fatally wounded. He gets to balder, barely manages whispers him only the details of what he saw before he died.
Needless to say this pisses Balder to no end who rallies the asgardians to storm Doomstadt.
Kelda hears of the death of her lover, flips her shit, and storms the castle ahead of her fellow gods.
Bitch however, does not know that she's in victor goddamned doom's house, who has prepared for this eventuality, and so has made his own Destroyer armor.
Remember that? One of Odin's mightiest weapon?
With it, rips off her "pure heart" and throws it into the fuel can he has developed while studying asgardian bodies.
Meanwhile Loki rushes the side of the asgardians and tells him how he was with doom, yes, to talk reason into the man and only just now has he gotten the chance to rush to asgard's side to help them, and explains how there is time to further questioning later.
Doom sees his angry guests and is not impressed, so while they charge, he dumps asgardian robot zombies he made from the bodies of the kidnapped asgardians to face them.
Fighting their own distraughts the mob long enough for Doom to get on his customized Destroyer armor.
Because no one makes an impression like Doom.
Thor comes in and starts getting his ass whooped by Victor, stalling while loki tells them that if they get kelda's heart out of the power battery, Doom's armor will power down and he can resurrect kelda, if they hurry
They do so, Loki does so, earning himself another day in Asgard's aegis and as Thor is about to kill Doom out of his de-powered armor, the villain vanishes in smoke.
Now why did I tell you this part of the story?
All these malarkeys in latveria?
It was part of Loki's plan.
All of it.
Loki and Doom were toasting with pimp cups afterwards.
See, loki needed to explore his own scientific theories
He arranged for the death of asgardians at doom and balder's hands. He wanted their wandering souls to test a theory.
He even wanted Doom to extract a small sample of Loki's own DNA. (this will be important for later)
Remember Bor's valkiries? The D'sir? The God Eating Zombies? Well, turns out they are in Latveria.
They cannot eat anyone that they kill themselves but Loki uses the fallen souls of Bill's struggle as bait to bring them out
When they show up, he bests them all in combat, ensorceling them into his servitude.
However D'sir cannot be hurt by any weapon or any god save for the Ing-ram, a magic sword of loki's which he used to force them into slavery
Well how did Loki get his hands on such a sword?
Remember Bill? Good guy Bill?
He caught Loki and Doom because Loki wanted him to
He wanted Kelda to go grief mad and attack Doom.
He wanted Doom to rip off her heart.
He wanted the asgardians to strike back at Doom so that he had the chance to "heal" kelda.
Because you see, while he suposedly was healing kelda, he secretly slip into mephisto's hell, in the space between seconds, and took the core of her "heart" and with it, forged the sword that can cut dsir from Kelda's heart, returning only part of it to her owner.
Her pure soul is the only thing that may wound the cursed Dsir.
Everything was nothing but a ploy for loki to gain control of the fallen valkyries.
The asgardians return to Oklahoma, and Loki gets to work.
He then shows off to mephisto the dsir who are after all, his slave warrior goddesses, more powerful in battle than any demon and most gods, and he trades one hundred days of their servitude, in exchange for a parcel of land in hell.
He then goes to hela and shows her the mangled god souls from latveria, the ones he baited the D'sir, pretending they are still wild and untamed, and he plays with hela's compulsive need to protect the fallen by trading hela the sword and the land in hell where she can make her own hel in exchange for Loki's name to be stricken from the books of hel.
What are the books of hel? Well, they're the things that bound certain souls to them, depending on whether or not they're destined to go there upon their death.
Think of it has Hela's own version of santa's Naughty/Nice list.
All of the asgardians are bound in those books
Now it's time for Loki to put his endgame to work
He then goes to Norman Osborn begins to push him a little further. Remember, he's been fucking with him for months, ever since he created the "other avengers", while advising him with increasingly more and more paranoia, and convinces him that he needs to invade and attack asgard. He will help them with the power of the norn stones, amazing magical asgardian super power talismans.
In short, he forges a righteous cause by having the Norn Powered U.F-Oes destroy an entire stadium full of people while making it look like a wandering Volstagg's (a rather famous yet clumsy fat asgardian) fault, giving Norman legitimacy to retaliate on Asgard..
This causes Siege and Norman, norman, in the heat of battle, to set his crazy pet "Sentry" on asgard and the avengers.
Sentry however spins out of control and destroys Asgard and engages in blood frenzied battle against the avengers.
As his home falls, Loki has a "change of heart" and norn powers the avengers instead of the villains who together kill the sentry but not before the sentry senses what loki was doing and de-atomizes him in one of his dying efforts
Tadah. So that is the end of brilliant loki.
Good night sweet prince. Yours was a tragic story.
Yup, go away
End of story
Well not really
After all, he's nothing if not Loki.
You see, time passed and with fallen gods everywhere the influence of the D'sir threat was more important than ever.
Specially after he worked them all up on the siege of asgard
He knew after his death the dsir would eventually trick mephisto into letting them attack hel.
He knew that hela would have no choice but to come to thor for help when the dsir didn't fall for the magic sword trick twice.
(Important detail, at this point, the D'Sir cuts Hela's hand off. This becomes important in the future.)
He knew through these events Thor would learn of Ing-Ram's history, eventually restore kelda, and be so mad and with Hela enough in his debt enough for him to demand hela to see his after life self, forcing her to reveal to him Loki is not actually there
He planned for it.
He knew the idea would bug him so much to the point where he would miss his brother deeply, causing Thor use his godlike power to call him back from the void.
And thus loki is reborn.
However something is different now.
Loki died outside of Ragnarok, so his ressurection is not quite the same
Loki is but as a child.
No one understands why though.
Why is he a brand new soul
Well, as it turns out, because of this, Loki is free of guilt, destiny and prophecy, a curse that bounds all other gods.
As he watched Thor flail to release the gods from their cycles of ragnarok, he also watched them practically begging to go back to what they knew, to be nothing willing victims of destiny again.
A complete and absolute denial of existential freedom
Something Loki cannot possibly abide to.
Hell, he'll be nothing but a good guy if he wants to.
Loki is at last, Loki, bound by nothing, master of himself.
Such things are beneath him, and if in his mischief he had become predictable, he must change his very core then.
But not before one final thing
Loki's return opened the ideological door keeping Thor from doing the same thing to Odin.
Thor calls back Odin the same way
And what does Odin do?
Because Odin was alive during Fear Itself, he's able to be here so that he can restore Asgard back to heaven.
Loki's wish all the way back from Norman's cabal
Thus conquering Loki's final victory.
And while he's at it, he also blesses the Stark weapons, helping to save midgard from the Serpent.
(which is but a very small deal considering his other machinations to bring the serpent down)
Ladies and gentlemen
Take the time to take in the story you just read.
This careful tapestry of mischief that took decades of storytelling to build
Weigh in all of his actions
But Ragnarok wasn't a single apocalypse, but an endless cycle of genocide and rebirth for the amusement of some supergod tyrants.
His ragnarok however, was the one that manipulated thor into making it the last Ragnarok.
Sure. But Asgard being plucked from the crown of Ygdrassil caused an unbalance in the cosmos, that allowed for terrible catastrophes to bleed onto our universe, such as the planet slaying Blood Gods.
By destroying it, he manipulated the gods into rebuilding it back to Heaven.
Betrayed his people?
Sure but that caused him to be brought back in redemption from is own evil.
Hell, he saved his people from the chains of genocide.
Was he ever truly on their side?
Was he ever on anyone elses?
Brought death and abomination in latveria?
Maybe so, but in doing through it he forged the only thing that kills the asgardian's most feared enemy, the D'sir, for even the few dead may find eternal peace in Hel.
Joined the cabal of super villains?
Yes, but he also brought it down while all the "heroes" were wining about it and assembled three or four new Avengers teams while he was at it.
All while getting every little thing he could possibly ever wanted and no one being able to do a damned thing about it.
He's a magnificent guy.
And best of all bitches don't understand how good the god of mischief really is. Bitches don't understand at all.
His every action, a scheme.
His every pay off, a greater good
All the while not giving a damn how much he's cursed by the protagonists of the story.