“The IMF system is being imposed on Western countries. First, bankrupt the nation by lending to corrupt politicos and then come in with the IMF to insist on austerity. Part of austerity can be profitable to Western interests since various entities under government ownership are often privatized or liquidated. In the West, public opinion has been fairly sanguine about the depredations of the IMF. But not so now. Europe is aflame today. The problem with the systems that have been created to harass developing countries is that sooner or later their methods of operation will be brought to bear on ‘developed’ ones.”
http://thedailybell.com/4349/Evolution-of-the-IMF-Is-Directed-History
Related posts:
The Business of War: SOFEX
Average Wealth of Members of Congress: House $6.5 Million, Senate $13.9 Million
Millennials Get It Wrong about Socialism
America Is Setting A Dangerous Precedent For The Drone Age
Teen arrested for using app to “shoot” his classmates with a cellphone
Silk Road Founder Ross Ulbricht Sentenced to Life (and Death) in Prison
Volkswagen Ends Microbus Production Due To New Safety Regulations
How To Sell Bitcoin—Legally
Money Up a Rat Hole: The "Space Fence" Boondoggle
CFR Floats Neo-Bretton Woods to Create a New Monetary System
Why bitcoin has a firm foothold in the online gambling world
Israel Airstrike on Syria: Strange Bedfellows?
Mind Readers Crack Open New Tech Market
Notices Drafted For Connecticut Owners of Newly ‘Illegal’ Firearms
Bill Bonner: Dancing on Tables with Lampshades on Their Heads…