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From: John H
Continuing with economic issues, attached is an excellent interview with renowned economist and economic historian Michael Hudson discussing the post-WW2 operations of the IMF and World Bank as insurers of de facto colonialism intended to compel third-world nations to remain indebted to and dependent upon the United States by controlling the access to Dollar-based money and banking operations. This insures that these nations will remain exporters to the U.S. rather than developing their own independent economic bases in support of their own populations. This results in these nations remaining poor and underdeveloped and explains why sanctions imposed by the U.S. are so destructively effective.
John
Executive Director of SKWIM USA, a 501(c)(3)
The Pittsburgh Project - swim coach and head lifeguard
Coach at The Ellis School for Swimming, T&F and Triathlon
Pittsburgh Combined Water Polo Team & Renegades (Masters)
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