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Re: A Little More from "Creature From Jekyll Island": 

By: Decomposed in 6TH POPE | Recommend this post (2)
Sat, 17 Dec 22 3:55 PM | 36 view(s)
Boardmark this board | 6th Edition Pope Board 		Msg. 38383 of 60008
(This msg. is a reply to 38380 by micro)
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micro:

Re: “I am assuming its the United States and its corrupt leadership.. I also suspect that anyone else is a DISTANT second.” You would be right. The money comes mostly from the US.

In 1980, the IMF and World Bank - which are closely related - began lending to China despite the fact that China was putting a huge amount of money at the time into building its military. A funny thing about these loans is that underdeveloped countries have a described need for money but the IMF always lends them much more than that.

Within a few years, China was the second biggest recipient of these loans, behind only India.

But as its economy bloomed, China started lending money to underdeveloped nations as well. In 15 years, it had eclipsed the IMF/World Bank, lending some $1.3 trillion to other countries. It effectively became an alternate IMF.

You might wonder why it would do this. And why would the IMF do this? The reason is that the recipient countries are gradually ceding control of their countries to the lenders. China and the IMF are competing to buy control of other countries that have become addicted to the ever-growing loan money. It's diabolical.








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Re: A Little More from "Creature From Jekyll Island":
By: micro in 6TH POPE
Sat, 17 Dec 22 3:27 PM 		Msg. 38380 of 60008

The World Bank.

WHERE dies this sink hole get its funds from? Who is bearing the brunt and burden of dumping money that will never be repaid into this sinkhole??? AND who is themain contributor toward it?

I am assuming its the United States and its corrupt leadership.. I also suspect that anyone else is a DISTANT second.

So the world keeps sucking at the teats of the U.S. while having no skin in the game....

Yep. Good way to crash an economy and a country..

IS there anyone left in this country besodes us grunts who have a backbone to put a stop to this?

ANYBODY currently elected to office or all they ALL just in it?

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