May 6, 2012

Debt As Weapon Of Choice



When I first learned of how powerful Western nations & their partners in crime, the international financial institutions , use debt as a powerful leverage to bring nations to their knees, I was astounded by the level of sophistication and guile they employed to keep most of us in the dark. The common argument I used to hear (& still hear, believe it or not) was/is poor countries exist because they are  rife with corruption, ineptitude & their plight is mostly self-inflicted. International finance and control is thus necessary to bring these wayward nations/people back into the fold of civilization & the magic of the free market....aah...yeah...

The history of Africa, Latin America & the Caribbean all share in this well-orchestrated dance of death & servitude to the  global financial oligarchy. Ignorance coupled with a sense of comfort & entitlement have kept many in Western nations oblivious to the baskets that feed them (Africa, for example, has vast mineral resources which fuels growth and development in many developed and emerging economies of the world, yet remains poor, under-developed and dependent on IMF/World Bank/donor assistance for national budget support). This is no accident or blind Fate. Now folks are waking up as the chickens have come home to roost. Western countries are in deep shit as debt has raised its ugly head in the heart of Western nations & it is taking no prisoners (well, except for plutocrats who always seem to glide over the chaos & dictate what needs to be done which normally benefits them the most)....

Stay tuned...

OneLove

:::MME::: 




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