The solution to the Greek crisis, and the global debt crisis, is simple according to investigative reporter Greg Palast. In his 2001 article called ”The Globalizer Who Came In From the Cold,” Palast suggests that we should “remove the bloodsuckers,” who are the global financial wizards that work at the IMF, WTO and the World Bank and practice the art of dark finance. Palast details the step-by-step plan of how these transnational economic parasites bring entire nations to ruin, which he learned after he gained a hold of some precious World Bank documents that laid out the banksters’ game-plan of how to harness the financial will of sovereign nations and use it against them. Palast also talked with Joseph Stiglitz, the former Chief Economist of the World Bank and a Nobel prize winner, for the piece.
Step one,
Palast recounts, is ‘Briberization,” and it involves the criminal global financiers paying national leaders of poverty-stricken nations hefty amounts of dough for the direct sale of public assets to oligarchical corporations and private foreign banks. All the illegal dough of the traitorous leaders is then safely stashed in secret Swiss bank accounts, miles and miles away from the nation’s angry citizens whose livelihoods and incomes are stripped in the process.
Step two is what is referred to as the “Hot Money” cycle by Stiglitz. This is how the cycle works, as described by Palast, “Cash comes in for speculation in real estate and currency, then flees at the first whiff of trouble. A nation’s reserves can drain in days, hours. And when that happens, to seduce speculators into returning a nation’s own capital funds, the IMF demands these nations raise interest rates to 30%, 50% and 80%.” Step two is mainly about hijacking of pension funds, gutting employment benefits, and other social safety nets that people work all their lives for.
To put it another way, the criminal oligarchic parasites hypnotize a nation to sleep, bend it over, strip it of its clothes, and then rape it. That is the way the secret relationship works behind doors. The transnational banksters are all about economic rape. Rape of public assets, rape of pension funds, rape of electrical and water systems, rape of currencies, rape of everything that secures nations and keeps them alive.
And when the nation finally wakes up late in the afternoon, it realizes that it was robbed deaf, dumb, and blind the night before. It also discovers that it acquired an economic STD, so the pain has only begun and recovery is far from sight. An even bigger revelation awaits the nation, which will cause panic in the streets, and thrust the nation further into the economic abyss.
The people then begin to find out that the vampires from the IMF and World Bank never left the night before, they were hiding in the nation’s economic closet, where they’ve patiently waited to put the third step into effect, which is a sharp rise in food and gas prices, and other commodities that keep a nation running from day to day on an even keel. This step eventually leads to what Palast calls “Step-Three-and-a-Half,” and what Stiglitz brands as “The IMF riot.” It is attributed to the IMF because they basically engineer the collapse through their crippling policies and proposals for social spending cuts, which create the conditions for riots, public rage and civil unrest.
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