"The implicit objective is to ensure that Sovereign Bond creditors – hedge funds, vulture funds, giant megabanks like Goldman Sachs, Bank of America, CitiCorp, JPMorganChase, HSBC, and the IMF itself – can exert huge leverage taking priority in cashing in on the monies sucked out of a Nation’s taxpayers’ (workers’), central banks, mineral, oil & gas wealth, and other resources and reserves. This would transmute into a new edition of the IMF’s proverbial “recipes” to “help nations” totally and irretrievably in debt to once again “access international financial markets” so that they can re-program, roll-over, refinance, kick forwards defaulted, impossible-to-pay short-term debt, by mutating them into long-term, hugely profitable, high interest yield juicy performing debts. That would look really nice on mega-banker financial sheets, and would ensure that gigantic amounts continue to flow out of troubled Nation-State public coffers and into mega banker private pockets! As if horrific debt crises caused by artificially created unsustainable debt burdens could ever be resolved by taking on/imposing ever higher, heavier, long-term debt. One can almost hear the sucking sound in the dark recesses of the global financial system… Modern mass slavery couldn’t have been better thought out…!" rt/op-edge/money-mass-slavery-debt-223/
Posted on: Fri, 09 Aug 2013 11:15:22 +0000
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