- Joined
- Apr 26, 2011
- Messages
- 12,357
- Points
- 113
With the AIIB, the World Bank and IMF are history. Here's finally a bank founded by developing nations, to serve developing nations on their own terms. No more usury by the Jewish moneylenders and Western corporate interests in the name of 'development aid'.
I've been saying for the longest time that the WB and IMF, while purporting to help 3rd World countries develop, actually serve Western and Jewish interests. They give 'loans' to developing countries with onerous conditions like high interest repayments, opening their markets to Western products and subsidized agricultural produce, welfare cuts, forced infrastructural investments using Western consultants, contractors and suppliers, arm-twisting to grant licences to Western companies to extract local resources like natural gas, oil, precious and rare earth metals, mass deforestation to to grow biofuel crops that enrich Big Oil and Big Energy.
End-result: the farmers in these countries lose their livelihoods because of heavily subsidized Western imports, native resources are exploited by Western firms and profits siphoned out of their countries, corrupt officials get more corrupt and richer while poor get poorer, the most needy are deprived of welfare, ecological damage exacerbating climate change with attendant droughts, floods & famine. The country struggles with interest payments and goes into deeper debt, necessitating another round of 'loans' and further austerity measures and more feasting for the vultures of Western corporations and financiers.
yes..........but if the USD ever comes close to losing its reserve currency status.............the Jews will start WW3..........