IMF Austerity Brings Death And Destruction - One Minute Update E011

The Money GPS is the book by David Quintieri.
Free version @ http://themoneygps.com/free

The Money GPS features Bob Chapman, James Turk, and David Morgan.

The IMF is a global entity that is comprised of 187 countries coming together to help countries in need. They use our tax dollars to bail out failing nations. You don't get to vote for this.

The IMF imposes "austerity measures" essentially meaning that the country must abide by certain rules that are set by the IMF.

According to William Engdahl in his text Seeds of Destruction, "The debt terms of the IMF were used to force countries to virtually give away their most precious economic assets to foreign interests in order to repay a debt that grew ever larger".

"typically, giant corporate banking and private interest stood behind the IMF measures...[and] imposed privatization of state enterprises." The IMF's programs loot the countries, only making matters worse.

If the IMF comes to help, run.