It’s funny how one thing leads to another.
After I posted The Secret of Oz last week, I went to check out Bill Still’s website, The Money Masters. It was there that I saw John Trumam Wolfe’s book, Crisis by Design: The Untold Story of the Global Financial Coup and What You Can Do About It*. I found the Kindle edition for $5.99 and purchased it. What an interesting read! The book, which is essentially a collection of articles written by Wolfe, makes the case that the debt crisis was planned all along.
NOTE: Because the book is a collection of articles, one thing I found annoying was the repetitiveness of some of the pieces. I would have preferred that the author cleaned up the redundancies.
What I found interesting was his thoughts on the World Bank and the International Monetary Fund. From the book:
…I started following the activities of the World Bank and the International Monetary Fund (IMF). These are “sister” organizations that were set up at the end of the Second World War essentially to help rebuild war-torn Europe with low-cost loans (the World Bank) and to foster stability in the international currency markets (the IMF).
Despite their altruistic-sounding charters, these two organizations have become nothing less than global financial predators that have turned three-fourths of the planet into debt-ridden junkies.
Sometimes evil is hard to confront. But I tell you without equivocation that the activities of these two international banks have been motivated by a cold, calculated plan to control the populations of Earth.
I know, I know—conspiracy theory and all that. But if you study their trail of financial bondage across the planet, their real intentions become all too clear. And it is not a matter of studying their conduct for a year or two; their strategic plans started decades in the past and run decades into the future.
He continues later on with an example what this might look like…
Having tracked them now for more than three decades, I can tell you that their pattern of operation repeats itself, country to country.
First, they covertly facilitate a currency crisis in the targeted country. This is not difficult to do if one understands that currencies are commodities and can be manipulated on the exchanges on which they trade. It takes capital to do it, but the mechanics are not difficult to put in place. In recent years, people like George Soros have been involved. Think Indonesia, late nineties. Soros and well-placed media outlets push the message about how weak the targeted currency is. Because of this, he is able to sell the currency short8 (“betting” it will go down). In this way he drives the value of the currency even lower while making a killing. As the currency crashes, the country experiences growing economic chaos, riots, and internal strife.
With the country now trying to participate in international trade and commerce using a currency that has all the attraction of pet food from China, their credit rating nose-dives faster than a Nancy Pelosi popularity poll. They can’t borrow from traditional sources. Business falters. Unemployment skyrockets. And in some cases, again like Indonesia, riots ensue and blood flows. When the politicians have their colons sufficiently puckered, one or both of the twin sisters of the Apocalypse (the IMF and World Bank) ride in on a white horse.
“Gee, Mr. President. It looks like you’re having a problem here. Perhaps we can provide some assistance. Would, say, five or ten billion help to tide you over?”
“Yes, well, the New York bankers have turned their backs on us for no reason at all. This currency issue is temporary, I assure you. How much did you say?”
“Five or ten billion, but we’re flexible. Our concern is for the people of your great nation.”
“Yes, of course. Who controls how the money is spent?”
“You do, sir.”
The president suppresses a smile as he thinks of his private yacht moored in the south of France and his young mistress sunbathing on the foredeck in her topless bikini.
“And what would the terms be?”
“Interest only for the first three years and then we would work out a mutually agreeable repayment plan for the principal. And, of course, you would have to execute our standard loan agreement.”
“Certainly. Do you have a copy of that handy?”
One of the bankers pulls a multipage document out of a Gucci briefcase of shimmering Italian leather and hands it to the president. He begins to scan through it. His brow furrows. He looks up.
“Eh . . . why is there a clause here that mandates how we must educate our young women on matters of family planning and contraception? That has nothing to do with the country’s economic strength.”
“Well, Mr. President, we feel it does. The population level of the country certainly has a bearing on the nation’s prosperity. Wouldn’t you agree?”
“I . . . eh, suppose so. But I can’t agree to these stipulations regarding our agricultural production or our tax policies. Those are strictly internal matters.” The president stands and straightens his back.
The two bankers stand as well. “We’re sorry to hear that, Mr. President. We were hoping we could help you reduce those unemployment figures.” They head for the door. One of them turns, “And Marseille is . . . so beautiful this time of year.”
Two weeks later headlines blare: President Signs $10 Billion IMF Loan Agreement.
The president puts a cool $500 million in his Swiss bank account. A frenzied pack of federal bureaucrats feast on the balance until only the remains of the bloodied carcass are left for state and local vultures. Perhaps 10 percent will reach the people.
The country will never be able to repay the loan, which, of course, is exactly what the IMF wanted in the first place—control of the country’s assets and the ability to dictate social engineering policy.
One other thing I found very interesting was all the ties between Goldman Sachs and the government. Scary indeed.
My next read will be Ellen Brown’s Web of Debt*.