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RE: The crime of the century
Why would IMF be the worst of all of them @mastersa?
I was thinking about mortgages the other day, and I realized that banks offer insane mortgages... like 50+ years
Oh wow. I thought that 30+ is the longest.
I also thought about mortgages the other day and I realized that by extending time limitation (to 50+ years) banks will surely increase demand and real estate prices. That will give another financial kick to current house owners and will enslave the rest even more.
Sad but real :/
Piotr
Well I meant the IMF combined with the WTO. These international agencies control the flow of funds to countries...they enforce Ip rights, they give legitimacy to “tariffs” and “trade wars”...
My largest issue is with these groups are the agendas that they impose while claiming to be supporting global development.
For example, they stop countries from producing cheaper aids drugs (if they can’t afford to purchase them from the US). They loan money at ridiculous costs (trade agreements, mineral rights, etc). It’s basically an arm of the UN/US for wealthy western nations to “lawfully” exploit economically weaker states.
For example, the recent oil tanker seizure against Iran, the complete embargo of Huwai, Venezuela, Greece...
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Appreciate your awesome reply @mastersa. My knowledge about IMF and WTO is very basic and I found your comment really interesting.
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Cheers, Piotr