WITHDRAW SUPPORT FROM THE IMF, WORLD BANK, AND BANK FOR INTERNATIONAL SETTLEMENTS
THIS INTERNATIONAL BANKING TRIO IS DESTROYING THE WORLD.
They bankrupt countries, charge astronomical interest rates, require unfair loan conditions, and create development strategies that benefit Multinational Corporations rather than the residents of the country.
INTERNATIONAL MONETARY FUND (IMF)
The IMF serves as a sort of “lender of last resort” to developing or struggling countries. Although its stated goal is to “alleviate poverty”, all loans are issued with strict conditions and regulations that usually end up weakening economies, burying governments and their people in debt, and opening up the market to devastating transnational corporations. Watch this video with John Perkins, - "Confessions of an Economic Hit Man" to learn more about how it works
WORLD BANK
Although the World Bank represents 184 countries, it is run by a small group of the most powerful nations who in turn promote their own interests. The President of the World Bank, for example, is nominated by the President of the United States and has always been a citizen of the U.S. Like the IMF, the World Bank also issues Structural Adjustment Loans which place restrictions on how the money can be spent. For example, a World Bank loan may require privatization of the water supply which benefits transnational corporations and undermines the rights of the people. In this way the World Bank can manipulate and control growth in the developing world to benefit itself.
BANK FOR INTERNATIONAL SETTLEMENTS
he Rothschild-created Bank for International Settlements (BIS) “serves as a bank for central banks.” It has 55 member central banks but is mainly run by bankers from the United States, England, Germany, Switzerland, Italy, and Japan. Unlike the IMF and World Bank, it operates with much less transparency and is not accountable to national governments. Nevertheless, it has significant control over the global financial system by setting capital requirements and reserve controls. Evidence shows it played a key role in Japan’s recession in the late 1980’s and more recently contributed to the financial meltdown in the U.S. by enforcing the Basel II Accords, which required banks to adjust the value of their marketable securities in November of 2007. Private individuals within the BIS are making key economic decisions without public scrutiny. This must come to an end! To learn more, check out Ellen Brown’s Article "The Tower of Basel"