The IMF and World Bank were created over 60 years ago to realign the global economic landscape.
Andrew Gavin Marshall from the Centre for Research on Globalization, however, says that the actions of these international economic giants did little to help the third world countries it advertised it would, and instead has only helped make the wealthier countries wealthier.
Includes 3 chapters by Andrew Gavin Marshall!
in 2008 Russia and china had the opportunity to destroy imf andc world bank and the american british system of looting the world but foolishly thse two countries ,on prompting from parasite negland, recomended imf and world bank to lead new economic system! how stupid of thse countries and that is why they never go up in world becuse of thier stupidity.
imf and world bankw as created to helpbankrupt england in second world wart and itis meant to serve n0one but england and her parasitic desendents and hangerons in usa and britian and anglo countires.
You're right, avatar singh. They didn't want to destroy them because they had too much to lose. All of the money the US owes China would never be payed. Now they will get a few pennies on the $ at least. It would have been better for China to destroy the two instead, though. For the rest of the world, too. Now we're all faced with an unprecedented economic apocalypse.
China is dumping. Actually they already have been, they're just getting open about it now
http://www.zerohedge.com/article/pboc-governor-says-chinese-foreign-rese...
Also Morgan Stanley defaulted on a $3.3 billion loan on a Tokyo office, the Japanese with $900 billion in US treasuries cannot be happy about that. I think Jim Rogers is right. If the USDX stays stable while PMs rise, there'll be a correction in gold and silver. If the USDX continues to fall against PM gains and if Bernanke pushes QE3 (Obama front man) we're going to see the end of the US$. It's time for the fed to default. How much, btw, does the fed hold in SDRs?