IMF and World Bank are 'designed to keep developing countries poor' — Economist

@apocalypseos It’s not an accident or bad planning it’s a highly successful, deliberate system of financial colonisation designed to keep the global South poor and the West wealthy without ever having to fire a single shot.

This was published in December, 1978. It discussed the plans laid out in the 1840s.

Yep, read all about it.

John Perkins: The confessions of an economic hitman is a great read on the subject.

@XdelaC I think Zimbabwe is poor for more reasons than just the world bank .. Rhodesia was thriving .. The creep Mugabe took over and the country fell apart .. a lot especially in Africa has to do with the people who rule the countries and the people of those countries. Corrupt also

@apocalypseos the 1997 Economy crisis...

Correct, but some of those so called developing countries surpassing the so called developed countries Game changer

You need competent leadership in those countries, like Milei's in Argentina. When you have competent leadership, the loans work as intended. When you have incompetent leadership (leftists or uniparty parasites), the loan money is stolen and squandered.

root cause of injustices in our world is usury%. Interest% on money increases debt-burden with time, so cruel & immoral. But usury is kept Off-d-Agenda in college, church, court, congress, cult,Cnn. Its guarded by synagog of shitan,who support zioni state

Mark Carney is a comprador mole inserted into Canada to facilitate finance-sector plunder fo Canada's economy:

Since the 80's. Austerity and high interest rates. A patronage system almost impossible to escape from. Slavery perfected, neo kolonialism.

The International Monetary Fund is a tool of financial deception, engineered around fiat currency (paper money) and debt expansion rather than real tangible assets. From this perspective, paper money creates an illusion of economic strength without fully reflecting intrinsic value. Restoring a gold-backed standard would reconnect money to real economic value, expose the weaknesses of debt-driven systems, and ultimately make institutions like the IMF far less relevant .

who is this guy? we're supposed to just go by "anonymous person identified as economist"? what's the guy's name?

And in other news water is wet

@FrameTheGlobe Post this whenever someone brings up "china debt trap"

the European along with it's today's form of the US & the ashkenazi Juice are devils, and are the manifestations of Evil. They bring sadness, oppression, destruction wherever they go.

And if the enforced austerity techniques fail, we have other methods to bring down political leaders. This is not a conspiracy. It is the coordinated architecture of discipline, which is part of the global economic order.

Leadership without discernment is the bane of Africa. It has been written, it has been said, yet inability to understand and strategically articulate a way forward

True..

He was the one who sent Indonesia poor

In the immediate or near future, @TuckerCarlson will pretend he never heard this. He knows the realities of the world, but would rather continue pushing white supremacist delusions and mythology.

Wait till you hear about foreign aid

@ProfessorWerner This professor is the BEST - must read his papers and princes of the yen.

Read Michael Hudson

Капитализму нужны бедные страны, они будут работать за миску риса и отдавать свои недра за центы.

For the youth on cybersphere, south koreans correctly labeled 1998 asia financial crisis the "IMF crisis". There was even an indonesian tycoon linked to clinton who called the start of the crisis to the month, and stock market bottom to the week.

Tell it to Argentina.🗣️

But he described "it" (alternative) but never said what "it" is, very weird! what is his alternative system?

@apocalypseos Confessions of an economic hitman goes into detail how the scam works

@xviddownload download this

@RakeemShabazz Tell us something new

No lies detected. They are the enemies of sovereign states. And we see their fingerprints all over conflict zones in Africa especially.