by Peter Koenig for the Saker Blog
The World Bank and the International Monetary Fund (IMF) work hand in glove – smoothly. Not only are they regularly lending huge sums of money to horror regimes around the world, but they blackmail poor nations into accepting draconian conditions imposed by the west. In other words, the WB and the IMF are guilty of the most atrocious human rights abuses.
You couldn’t tell, when you read above the entrance of the World Bank the noble phrase, “Our Dream is World Free of Poverty”. To this hypocrisy I can only add, ”…And we make sure it will just remain a dream.” This says both, the lie and the criminal nature of the two International Financial Institutions, created under the Charter of the United Nations, but instigated by the United States.
The front of these institutions is brilliant. What meets the eye, are investments in social infrastructure, in schools, health systems, basic needs like drinking water, sanitation – even environmental protection – over all “Poverty Alleviation”, i.e. A World Free of Poverty. But how fake this is today and was already in the 1970’s and 1980’s is astounding. Gradually people are opening their eyes to an abject reality, of exploitation and coercion and outright blackmail. And that, under the auspices of the United Nations. What does it tell you about the UN system? In what hands are the UN? – The world organization was created in San Francisco, California, on 24 October 1945, just after WWII, by 51 nations, committed to maintaining international peace and security, developing friendly relations among nations and promoting social progress, better living standards and human rights.
The UN replaced the League of Nations which was part of the Peace Agreement after WWI, the Treaty of Versailles. It became effective on 10 January 1920, was headquartered in Geneva Switzerland, with the purpose of disarmament, preventing war through collective security, settling disputes between countries, through negotiation diplomacy and improving global welfare. In hindsight it is easy to see that the entire UN system was set up as a hypocritical farce, making people believe that their mighty leaders only wanted peace. These might leaders were all westerners; the same that less than 20 years after the creation of the noble League of Nations, started World War II.
This little introduction provides the context for what was eventually to become the UN-backed outgrowth for global theft, for impoverishing nations, around the world, for exploitation of people, for human rights abuses and for shoveling huge amounts of assets from the bottom, from the people, to the oligarchy, the ever-smaller corporate elite – the so-called Bretton Woods Institutions.
In July 1944 more than 700 delegates of 44 Allied Nations (allied with the winners of WWII) met at the Mount Washington Hotel, situated in Bretton Woods, New Hampshire, United States, to regulate the international monetary and financial order after WWII. Let’s be sure, this conference was carried out under the auspices of the United States, the self-declared winner of WWII, and from now on forward the master over the financial order of the world – which was not immediately visible, an agenda hidden in plain sight.
The IMF was officially created to ‘regulate’ the wester, so-called convertible currencies, those that subscribed to apply the rules of the new gold standard, i.e. US$ 35 / Troy Ounce (about 31.1 grams). Note that the gold standard, although applicable equally to 44 allied nations was linked to the price of gold nominated in US dollars, not based on a basket of the value of the 44 national currencies. This already was enough reason to question the future system. And how it will play out. But nobody questioned the arrangement. Hard to believe though that of all these national economists, none dared question the treacherous nature of the gold-standard set-up.
The World Bank, or the Bank for Reconstruction and Development (IBRD), was officially set up to administer the Marshall Plan for the Reconstruction of war-destroyed Europe. The Marshall Plan was a donation by the United Stated and was named for U.S. Secretary of State George Marshall, who proposed it in 1947. The plan gave $13.2 billion in foreign aid to European countries that had been devastated physically and economically by World War II. It was to be implemented from 1948 to 1952 which of course was much too short a time, and stretched into the early 1960s. In today’s terms the Marshall plan would be worth about 10 time more, or some US$ 135 billion.
The Marshall Plan was and still is a Revolving Fund, paid back by the countries in question, so that it could be relent. The Marshall Plan money was lent out multiple times and was therefore very effective. The European counterpart to the World Bank-administered Marshall Fund was a newly to be created bank set up under the German Ministry of Finance, The German Bank for Reconstruction and Development (KfW – German acronym for Kreditanstalt für Wiederaufbau”).
KfW, as the World Bank’s European counterpart still exists and dedicates itself mostly to development projects in the Global South, often in cooperation with the World Bank. Today there is still a special Department within KfW that deals exclusively with Marshall Plan Fund money. These funds are used for lending to poor southern regions in Europe, and also to prop up Eastern European economies, and they were used especially to integrate former East-Germany into today’s “Grand Germany”.
Two elements of the Marshall Plan are particularly striking and noteworthy. First, the reconstruction plan created a bind, a dependence between the US and Europe, the very Europe that was largely destroyed by the western allied forces, while basically WWII was largely won by the Soviet Union, the huge sacrifices of the USSR – with an estimated 25 to 30 million deaths. So, the Marshall Plan was also designed as a shield against communist Russia, i.e. the USSR.
While officially the Soviet Union was an ally of the western powers, US, UK, and France, in reality the communist USSR was an arch-enemy of the west, especially the United States. With the Marshall Plan money, the US bought Europe’s alliance, a dependence that has not ended to this day. The ensuing Cold War against the Soviet Union – also all based on flagrant lies, was direct testimony for another western propaganda farce – which to this day, most Europeans haven’t grasped yet.
Second, The US imposition of a US-dollar based reconstruction fund, was not only creating a European dollar dependence, but was also laying the ground work for a singular currency, eventually to invade Europe – what we know today, has become the Euro. The Euro is nothing but the foster child of the dollar, as it was created under the same image as the US-dollar – it is a fiat currency, backed by nothing. The United Europe, or now called the European Union – was never really a union. It was never a European idea, but put forward by US Secret Services in disguise of a few treacherous European honchos. And every attempt to create a United Europe, a European Federation, with a European Constitution, similar to the United States, was bitterly sabotaged by the US, mostly through the US mole in the EU, namely the UK.
The US didn’t want a strong Europe, both economically and possibly over time also militarily (pop. EU 450 million, vs US pop. 330 million; 2019 EU GDP US$ 20.3 trillion equivalent, vs US GDP US$ 21.4 trillion. Most economists would agree that a common currency for a loose group of countries has no future, is not sustainable. In comes the European Central Bank (ECB), also a creation inspired by the FED. The ECB has really no Central Bank function. It is rater a watch dog. Because each EU member country has still her own Central Bank, though with a drastically reduced sovereignty.
Out of the currently 27 EU members only 19 are part of the Euro-zone. Those countries not part of the Eurozone, i.e. Czech Republic, Denmark, Hungary, Sweden – and more, have preserved their sovereign financial policy and do not depend on the ECB. This means, had Greece opted out of the Eurozone when they were hit with the 2008 / 2009 manufactured “crisis”, Greece would now be well on her way to full recovery. They would not have been subject to the whims and dictate of the IMF, the infamous troika, European Commission (EC), ECB and IMF, but could have chosen to arrange their debt internally, as most debt was internal debt, no need to borrow from abroad.
In a 2015 bailout referendum, the Greek population voted overwhelmingly against the bailout, meaning against the new gigantic debt. However, the then Greek President Tsipras, went ahead as if the referendum had never taken place and approved the huge bailout despite almost 70% of the popular vote against it.
This is a clear indication of fraud, that no fair play was going on. Tsipras and / or his families may have been coerced to accept the bailout – or else. We may never know, the true reason why Tsipras sold his people, the wellbeing of the Greek people to the oligarchs behind the IMF and World Bank – and put them into abject misery, with the highest unemployment in Europe, rampant poverty and skyrocketing suicide rates.
Greece may serve as an example on how other EU countries may fare if they don’t “behave” – meaning adhere to the unwritten golden rules of obedience to the international money masters.
This is scary.
And now, in these times of covid, it is relatively easy. Poor countries, particularly in the Global South, already indebted by the plandemic, are increasing their foreign debt in order to provide their populations with basic needs. Or so they make you believe. Much of the debt accumulated by developing countries is domestic or internal debt, like the debt of the Global North. It doesn’t really need foreign lending institutions to wipe out local debt. Or have you seen one of the rich Global North countries borrowing from the IMF or the World Bank to master their debt? – Hardly.
So why would the Global South fall for it? Part corruption, part coercion, and partly direct blackmail. – Yes, blackmail, one of the international biggest crimes imaginable, being committed by the foremost international UN-chartered financial institutions, the WB and the IMF.
For example, the whole world is wondering how come that an invisible enemy, a corona virus hit all 193 UN member countries at once, so that Dr. Tedros, Director General of WHO, declares on 11 March a pandemic – no reason whatsoever since there were only 4,617 cases globally – but the planned result was a total worldwide lockdown on 16 March 2020. No exceptions. There were some countries who didn’t take it so seriously, like Brazil, Sweden, Belarus, some African countries, like Madagascar and Tanzania – developed their own rules and realized that wearing masks did more harm than good, and social distancing would destroy the social fabric of their cultures and future generations.
But the satanic deep dark state didn’t want anything to do with “independent” countries. They all had to follow the dictate from way above, from the Gates, Rockefellers, Soroses, et al elite, soon to be reinforced by Klaus Schwab, serving as the chief henchman of the World Economic Forum (WEF). Suddenly, you see in Brazil, a drastic surge in new “cases”, no questions asked, massive testing, no matter that the infamous PCR tests are worthless according to most serious scientists (only sold and corrupted scientists, those paid by the national authorities, would still insist on the RT-PCR tests). Bolsonaro gets sick with the virus and the death count increases exponentially – as the Brazilian economy falls apart.
In comes the World Bank and / or the IMF, offering massive help mostly debt relief, either as grant or as low interest loans. But with massive strings attached: you must follow the rules laid out by WHO, you must follow the rules on testing on vaccination, mandatary vaccination – if you conform to these and other country-specific rules, like letting western corporations tap your natural resources – you may receive, WB and IMF assistance.
Already in May 2020 the World Bank Group announced its emergency operations to fight COVID-19 had already reached 100 developing countries – home to 70% of the world’s population with lending of US$ 160 billion-plus. This means, by today, 6 months later and in the midst of the “Second Wave” the number of countries and the number of loans or “relief’ grants must have increased exponentially, having reached close to the 193 UN member countries. Which explains how all, literally all countries, even the most objecting African countries, like Madagascar and Tanzania, among the poorest of the poor, have succumbed to the coercion or blackmail of the infamous Bretton Woods Institutions.
These institutions have no quarrels in generating dollars, as the dollar is fiat money, not backed by any economy – but can be produced literally from hot air and lent to poor countries, either as debt or as grant. These countries, henceforth and for pressure of the international financial institutions will forever become dependent on the western masters of salvation. Covid-19 is the perfect tool for the financial markets to shovel assets from the bottom to the top.
In order to maximize the concentration of the riches on top, maybe one or two or even three new covid waves may be necessary. That’s all planned, The WEF has already foreseen the coming scenarios, by its tyrannical book “Covid-19 – The Great Reset”. It’s all laid out. And our western intellectuals read it, analyze it, criticize it, but we do not shred it apart – we let it stand, and watch how the word moves in the Reset direction. And the plan is dutifully executed by the World Bank and the IMF – all under the guise of doing good for the world.
What’s different from the World Bank and IMF’s role before the covid plandemic? – Nothing. Just the cause for exploitation, indebtment, enslavement. When covid came along it became easy. Before then and up to the end of 2019, developing countries, mostly rich in natural resources of the kind the west covets, oil, gold, copper and other minerals, such as rare earths, would be approached by the WB, the IMF or both.
They could receive debt relief, so-called structural adjustment loans, no matter whether or not they really needed such debt. Today these loans come in all forms, shapes and colors, literally like color-revolutions, for instance, often as budget support operations – I simply call then blank checks – nobody controls what’s happening with the money. However, the countries have to restructure their economies, rationalizing their public services, privatizing water, education, health services, electricity, highways, railroads – and granting foreign concessions for the exploitation of natural resources.
Most of this fraud – fraud on “robbing” national resources, passes unseen by the public at large, but countries become increasingly dependent on the western paymasters – peoples’ and institutional sovereignty is gone. There is always a corrupter and a corruptee. Unfortunately, they are still omni-present in the Global South. Often, for a chunk of money, the countries are forced to vote with the US for or against certain UN resolutions which are of interest to the US. Here we go – the corrupt system of the UN.
And of course, when the two Bretton Woods organizations were created in 1944, the voting system decided is not one country, one vote as in theory it is in the UN, but the US has an absolute veto right in both organizations. Their voting rights are calculated in function of their capital contribution which derives from a complex formula, based on GDP and other economic indicators. In both institutions the US voting right and also veto right is about 17%. Both institutions have 189 member countries.
Covid has laid bare, if it wasn’t already before, how these “official” international, UN-chartered Bretton Woods financial institutions are fully integrated in the UN system – in which most of the countries still trust, maybe for lack of anything better.
Question, however: What is better, a hypocritical corrupt system that provides the “appearance”, or the abolition of a dystopian system and the courage to create a new one, under new democratic circumstances and with sovereign rights by each participating country?
Peter Koenig is an economist and geopolitical analyst. He is also a water resources and environmental specialist. He worked for over 30 years with the World Bank and the World Health Organization around the world in the fields of environment and water. He lectures at universities in the US, Europe and South America. He writes regularly for online journals such as Global Research; ICH; New Eastern Outlook (NEO) and more. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe.
Peter is also co-author of Cynthia McKinney’s book “When China Sneezes: From the Coronavirus Lockdown to the Global Politico-Economic Crisis” (Clarity Press – November 1, 2020)
Peter Koenig is a Research Associate of the Centre for Research on Globalization.
Question, however: What is better, a hypocritical corrupt system that provides the “appearance”, or the abolition of a dystopian system and the courage to create a new one, under new democratic circumstances and with sovereign rights by each participating country?
Follow on and more relevant question: Better for whom? The current dystopian system works just fine for and exactly as designed by the people who benefit from it most. And the “experts?” They’re all just bought and paid for mouthpieces at this point. Judge their “expert opinions” accordingly. Not surprisingly, “change we can believe in” always looks exactly like the same old status quo, no matter who’s spouting the political punch lines. Imagine that!
The detailed 60 page plan of the World Bank on how to deal with the “Covid-19 pandemic” which must have taken months of preparation (see link, page 6), was announced on March 3rd 2020, i.e. eight days before the WHO, who declared a pandemic on March 11th.
There is also a good article on this topic by V. Katasonov, on fondsk.ru https://www.fondsk.ru/news/2020/10/28/vtoraja-grazhdanskaja-vojna-ili-grjaduschij-krah-ameriki-52139.html
Saker, a friend of mine has translated Katasonov’s article into English, so I can send it to you if you are interested.
I hope that Saker will accept your offer, it would be interesting to read.
What were the words of Herbert Hoover regarding the United Nations?
On August 10, 1962 he said:
“I urged the ratification of the United Nations by the Senate, but now we must relize the United Nations has failed to give us even a remote hope of lasting peace. Instead it adds to the dangers of war, which now surround us.”
Further how about this morsel:
The United Nations and God
What has been the attitude of the United Nations toward God?
Dr. Julian Huxley, who had served as director of UNESCO, said,
“While a faint trace of God still broods over the world like the smile of a cosmic Cheshire cat, science and knowledge will soon rub that trace away.”
As for peace consider this long list of wars fought since 1945:
South Vietnam 1959-1973
West guinea 1962
Dominican Republic 1965
Pakistan, India 1965-1972 etc etc?
Lastly however, it is this that truly mesmerizes
Best to give everyone the nuclear deterrent and we can all live happily ever after under MAD?
and what were the immortal words of a journalist?
“That the depravity of man is at once the most empirically verifiable reality but at the same time the most intellectually resisted fact.” Malcom Muggeridge
The Western world order is indeed nothing else than a trap to make all nations on earth captive of Western big capital holders.
“The great game” of the 21th century is about how to create a new world system giving each participating country a voice in the decision making. Yes absolutely but to successfully disentangle themselves from the ideological capture of Western big capital holders the nations of this world will need to agree on a new paradigm to replace “the reason that is at work within capital” that by Late-Modernity has enslaved all the minds on earth…
The questions we need to answer are as follows :
1. what should such a new paradigm look like ? In my view life trump capital our new paradigm should be “the reason that is at work within life”…
2. but how will minds enslaved to “the reason that is at work within capital” ever subscribe to “the reason that is at work within life” ?
Well said Iaodan.
Capital and life-force, a financial mirror to the ancient dilemma of the ‘circle and the square’.
Surely the answer to this financial riddle is to define capital as a scientific measure of human life-force, and then we will have a hydro lake of human capital which can power our nations free from the poisons of usury?
The World bank and the IMF are all globalist institutions, just like the UN and EU. The UN was ostensibly created to prevent wars, yet it was used as an instrument of aggression, like in the Korean War. Where not directly used for aggression, it was used to solidify act’s of aggression, like in the former Yugoslavia, broken by NATO countries, with the UN doing nothing to prevent the breakup of the country.
When it comes to the EU, it is nothing but a copy of the US Federation, as both have central banks controlled by private bankers. The purpose of the EU is to curtail the sovereign status of European countries, controlling their foreign and domestic policies.
The EU was created after World War Two, but under different names. In 1946 the Council on Foreign Relations decides to create a “United Europe”, ie. the European Union. A step by step approach is applied, as after Hitlers New World Order, Europe was in no mood for another “association”. The bankers therefore use war hero General George Marshall to introduce “The European Recovery Program”, which quickly becomes known as “The Marshall Plan”. A total of 17 billion dollars of bribery money is offered to Europe as a loan on condition Europe creates an 18 member “Organization for European Economic Cooperation”, ostensibly to ensure that the money was not misappropriated, but which in reality was an administrative body for the future European Union. Only 15 % of the 17 billion dollars was payed back to the US, which generously “forgets” the rest.
In 1957 the Organization creates the Common Market, which leads – officially – to the creation of the European Union in 1993 and the mess in which Europe has found its self today. The “open borders” policy has lead to mass immigration of false refugees and migrants from third world countries, which is already creating social and ethnic friction, and which will certainly cause financial problems. The intent, of course, was to destabilize the governments of sovereign European countries and give Brussels dictatorial power. As I have written before, a day will come when historians will have a tough time explaining how the EU was created. It’s days are certainly numbered.
And remember, Putin and Xi are going along with the con-vid. Never forget. Never forgive.
major note Anon…from another anon.
the bosses here at the Vineyard do not like it when the the evidence for vast suspicion of Russia-Putin, and China-Zi… as hand maidens and cohort of Zionists is openly noted: And that by this a vast con, bigger than Covid alone, is likely going on against the people of the world by all governments/elites, including the Russian elites led by V Putin.
the fact that Putin and Zi are going along with the massive Covid con game is proof enough.
if there is anything both those leaders should be working against powerfully, openly, given what is at stake, it should be the Covid scam, not working along with it, in support of it.
The numbers are stacking up at the hospitals and morgues.
I think your tribe over looks the unhealthy side of the equation when it comes to health care and eating habits (anything that is ingested into the body).
The bug has its favorite environments and as such, those are the ones being affected by the bug, too the rest of us, its anything but a bug.
The IMF, the WB, but above the BIS are all parts of the same usury scheme.
Also, the UN is a freemason creation, under the influence of the Real Power networks.
This very good article describes very well how those organizations managed to pillage the whole world, by financially blackmailing countries (to be read: “Confession of an economic hitman” by John Perkins), using the money printing power.
Those networks have such a powerful grip on the western and third world that I cannot see them be defeated from inside (even tough I still have some slim hope with Trump).
The most important news from the last few days seems to be coming from Asia, where a new economic partnership (RCEP) has been set (https://www.moonofalabama.org/2020/11/the-huge-new-trade-deal-western-media-do-not-like-to-talk-about.html) and implemented with a new trade deal (FCA).
This will be one very important step, probably a game-changer in the decay of the western financial monopoly, by giving strength to the Asiatic economies and currencies. Once they realize Chinese deals are better and the Chinese currency is more reliable than the western Euro-dollar, countries around the world will flee the IMF-BIS dictatorship.
And the western population, totally under control by 5G/vaccine systems/propaganda, might never understand what goes on and who are the culprits when the western world falls apart.
In many European countries their MSM don’t want to talk anything about RCEP. It’s rabu. Certainly not coincidence.
globalist/ satanic creeper klaus schwab made it clear that transhumanism is an integral part of “the great reset” when he said that the fourth industrial revolution would “lead to a fusion of our physical, digital and biological identity,” which in his book he clarifies is implantable microchips that can read your thoughts.
who doesnt want to trust part human part fembot Zuckerberg deciding which colour pants he should upload for a dream sequence.
Settling disputes between countries.
This is where the treaty failed, Germanys issues were never settled and as of today, still have not been addressed. Instead we get an infinite denial from gvts whom then become nothing moore than the never ending study of human denial.
God did a strange thing setting these institutions up, it may or may not pay off.
I agree largely in what Peter Koening writes
except the specific origin of the current world menace.
!) The people of Europe don’t want Feudalism, Capitalism, Communism and Federalism.
They want Democracy, Liberalism, Sovereign Nation states, founded on the Christian religion National culture and traditions.
The Russian people didn’t like Communism, neither do the Europeans. That is why Western “propaganda” was so effective against the USSR.
2) The idea of a European Union was not invented in the US.
It is an ancient dream by Dynastic Fascist in Europe to recreate the Holy Roman Empire (Das Reich) of which:
The first Reich was erected in 800 under Charlemagne.
The second Reich was erected in 1152 under Frederick Barbarossa.
The Third Reich was erected in 1940 under Hitler
The Fourth Reich was erected in 2009 under Herman Van Rompuy.
The US part in the re-federalization of Europe, has been played by former NAZIs hiding inside US intelligence Agencies and Governmental institutions, since WWII. (operation Paperclips).
The intention was to erect a Neo Fascist dictatorship controlled by the Global Elite.
3) The people of Europe do not want a federal Europe, with its own army. Each time in history a federal European army has been erected; most of Europe has been put under tyrannical rule and devastated by wars.
The second Reich were the Hohenzollern and Bismarck
The secret agenda. It is only a secret to the ill informed. The casual observer can see exactly how they have used corrupt leaders to enslave large portions of the worlds population. Corrupt leader borrows money, steals money, leaves country with asylum and counties are stuck with bill they can’t pay. Over and over again.