Tag: World Bank
Michael Hudson and Pepe Escobar resume their conversation about a global monetary system that appears headed for divorce.
You don’t know about it because Transparency International is funded by rich states, which they don’t want to be outshone by a third-world nation.
We have been a living example of what occurs when an enormous, volatile, and speculative mass of capital goes all over the world in search of high interest rates, tax havens, and supposed political and exchange stability.
Though the unconventional warfare manual is notable for stating so openly that “independent” financial institutions like the World Bank and the IMF are essentially extensions of U.S. government power, analysts have noted for decades that these institutions have consistently pushed U.S. geopolitical goals abroad.