The Real Purpose Of The IMF
Published on Dissident Voice, by Luke Eastwood, July 15, 2014.
To much trumpeting the IMF have kindly agreed to help out desperate and war torn Ukraine. How wonderful they are we are all meant to think, but the truth couldn’t be more opposite.
The International Monetary Fund was set up in 1945, describing itself as an “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.”
This all sounds very laudable, but in reality the IMF has a very different purpose from that which is stated. If you look at the history of the IMF’s intervention in countries around the world, you will see a trail of disaster and looting that repeats time and time again wherever they go.
The many countries that are involved are supposed to have some influence but this is proportional to their financial clout, which in truth means that the USA has most of the control of what happens and many countries have effectively no say at all.
My opinion of the IMF concurs with that of John Perkins, author of Confessions Of An Economic Hitman, his views being that of an insider in the system and mine merely as an observer. He succinctly points out that major western nations use financial warfare to get what they want and gain influence over other countries – the IMF being one of the tools with which they do this … //
… Any country with sense (like Iceland) would show the IMF the door and find a better way of clawing its way out of economic problems. Iceland is a perfect example of how a country could solve its own problems – but no-one in the media talks about this – the corpocracy does not want anyone else getting the same idea. Surely, if every nation took the same actions, the corporate take over of sovereign nations would fall flat on its face, wouldn’t it?
(full text).
(Luke Eastwood was born in Scotland, lived in England, the US, and now resides in Ireland. He has had a varied career which includes Croupier, Journalist, Sub-Editor, Car Park Attendant, Illustrator, Computer Technician, Musician, Accounts Clerk, Graphic Designer and most recently as a Horticulturist. He also writes books and articles in his spare time. You can read some of his work. Read other articles by Luke, or visit Luke’s website).
Related Links:
BRICS establish $100bn bank and currency reserves to cut out Western dominance, 1.48 min, on Russia Today RT, July 16, 2014;
BRICS announce $200B challenge to world financial order, on American Al-Jazeera, by Michael Pizzi, July 15, 2014;
Der Chef der Zentralbank der Zentralbanken warnt vor einer weiteren herannahenden Finanzkrise (siehe auch auf de.wikipedia), im KOPP-Verlag/Newsletter, von Michael Snyder, 15. Juli 2014: Die meisten Menschen haben vermutlich noch nie von Jaime Caruana gehört, obwohl er an der Spitze einer ungemein einflussreichen Organisation steht. Der Name Bank für Internationalen Zahlungsausgleich BIZ klingt nicht sehr abenteuerlich und aufregend, und nur wenigen Menschen ist bewusst, dass diese Institution das Zentrum unseres zentral gesteuerten weltweiten Finanzsystems bildet. Wenn sich also Jaime Caruana äußert, sollte man aufmerksam zuhören …;
The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, on en.wikipedia is a proposed multilateral development bank operated by the BRICS states (Brazil, Russia, India, China and South Africa) as an alternative to the existing World Bank and International Monetary Fund.[1] The Bank is setup to foster greater financial and development cooperation among the five emerging markets. It would be headquartered in Shanghai, China[2] and the first Chief executive will come from India …;
Other Links:;
Emerging Caliphate in Middle East, on Geopolitical Analysis, by K.N. Pandita, July 16, 2014;
Saudi Women, on Humanitarian Texts, July 16, 2014;
ANALYSIS: Racially profiled by the National Spy Agency, on Socialist Worker, by NICOLE COLSON, July 16, 2014;
Limiting the possible: English Canada’s invisible left, on rabble.ca, by MICHAEL LAXER, July 15, 2014;
UP! We are labour. We are Oshawa, on rabble.ca, by TIFFANY BALDUCCI JESSE CULLEN, July 15, 2014;
Spying Together: Germany’s Deep Cooperation with the NSA, on Spiwgwl Online International, by staff, June 18, 2014 (Photo Gallery): Cooperation between Germany’s foreign intelligence service, the BND, and America’s NSA is deeper than previously believed. German agents appear to have crossed into constitutionally questionable territory …;
… and this:
Keith Jarrett: Solo Budokan, Tokyo Dec 12, 1978, 89.06 min, uploaded by se146np, Dec 30, 2012.