Presenting the IMF (international Monetary Fund) and World Bank plan to make your country a debt slave. Joseph Stiglitz was Chief Economist of the World Bank and this interview is from 2001.
Step One: Privatization – They offer your politicians a “10% commissions paid to Swiss bank accounts for simply shaving a few billion off the sale price of national assets.” “Briberization”
Step Two: Capital Market Liberalization – How your nations currency reserves are wiped out in days (even hours).
Step Three: Market-Based Pricing – By raising prices on food, water and cooking gas they provoke, predictably, Step-Three-and-a-Half: what Stiglitz calls, “The IMF riot.”
Step Four: Poverty Reduction Strategy – WTO (World Trade Organization) and World Bank style “free trade”. It is here, says the economist, that the new global order has “condemned people to death” by imposing impossible tariffs and tributes to pay to pharmaceutical companies for branded medicines. “They don’t care,” said the professor of the corporations and bank loans he worked with, “if people live or die”.
Read the entire interview below. Everyone, everywhere should read it before your politicans sell you out (assuming they already haven’t).