by DAVID BROWN | CLEARNFO.com | November 22, 2014
How International Aid Agencies really work
- Country “X” is identified as being financially weak, yet has valuable assets like natural resources or has geopolitical value
- Country “X” is then targeted by the USAID, IMF & World Bank for loans.
- Representatives are sent into Country “X” to do studies to prove up (by exaggerated estimates) what this or that infrastructure will do for the economy of Country “X”.
- This inflated estimate for money is then included as part of a loan request to the bank. This is the cover.
- Loan is committed
- Heads of State of Country “X” siphon off much of the money to private bank accounts
- Most of the work for the infrastructure improvements goes to well-connected multinational corporations not to local companies.
- Country “X” cannot pay loan back
- Bank offers additional money to help Country “X” if they will implement “austerity measures” which effectively puts the bankers in charge of running the country.
- Country “X”, still cannot make payments on loan.
- Bank takes control of assets and natural resources of Country “X”
- Bank sells assets, natural resources of Country “X” or provides monopolies to multinational corporations at pennies on the dollar, which still does not satisfy the debt.
NOTE: Much of this is coordinated with the help of the US, CIA, NATO and the EU. If Country “X” will not go along with the loan, then Operation Gladio is implemented with the aid of NGOs such as NED (National Endowment for Democracy) to destabilize Country “X” for regime change.
STATED GOALS OF IMF, WORLD BANK & USAID:
The IMF is a self-described “organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.”
The World Bank’s official goal is the reduction of poverty. According to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment.
USAID has adopted as its mission statement “to partner to end extreme poverty and to promote resilient, democratic societies while advancing the security and prosperity of the United States.” USAID operates in Africa, Asia, Latin America and Europe.
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