papananook says: Yesterday's video "Economic Hitman" showed how the banking system is designed to bankrupt borrower nations. The long term goal is to extract resources as super low prices and to limit progressive poltical ideas. The method is simple: 1. make an impossible-to-pay-back loan; 2. negotiate collateral far in excess of the loan's value; and 3. collect The system works that much better when it's backed up with the capacity for overwhelming violence. Michael Parenti talks about the history and reality of so-called Third World "underdevelopment" and points out that Americans are next on the agenda: http://www.brasschecktv.com/page/318.html - Brasscheck - Brasscheck P.S. Please share Brasscheck TV e-mails and videos with friends and colleagues. That's how we grow. Thanks Good clip - so few understand this. Tis is the real cause and this is the truth; wake up Americans. Thanks to papananook and to Michael Parenti The real money is in the debt. By keeping third world nations in the red, they can never repay beyond the interest and therefore always obligated to the lender, who happily shoves more money to the local proxies in exchange for obedience and cheap labor/raw materials. Welcome to the world of Empire by Proxy. See "Economic Hitman" by...I forget...google it |
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