War by Other Means: John Pilger (part 1/4)

Full playlist: http://www.youtube.com/view_play_list?p=5E3B42B0692A74B4
John Pilger and David Munro examine the policy of First World banks agreeing loans with Third World countries, who are then unable to meet the crippling interest charges....John Pilger questions whether poor countries will ever develop while burdened with massive debts to the West.

This documentary won Geneva International TV Award at the North-South Media Encounters event, Geneva, 1993;Gold Medal in the 'Best Documentary Production category' of the International Television Movie Festival, Mount Freedom, New Jersey 1993; Gold Award in the 'Political/International Issues category' at WorldFest-Houston (Houston International Film & Video Festival), 1993; Silver Hugo Award in the 'Documentary - Social/Political category' of the 29th Chicago International Film Festival, 1993.

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Mystical Poetry and Politics: http://www.mysticalpoetryandpolitics.com/
Mystical Musings and Politics: http://mysticalmusingsandpolitics.blogspot.com/
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Category:

Education

Tags:

• War By Other Means
• John Piger
• World Bank
• IMF
• developing countries
• colonialism
• New World Order
• Third World Countries
• international bankers
• poverty
• economic slavery
• international economy
• Debt Crisis
• conspiracies
• multi-national corporations
• debtor countries
• foreign banks
• corruption
• burden of debt
• American Government
• politics
• export import bank
• economic hitmen
• yt:crop=16:9

[summondadrummin]

'Agreeing' to use an interest bearing debt issued currency is simply a scam and reveals a pervasive ignorance that elites use to dominate citizens and governments. Its time for a wholly new way of exchanging value.

[alieu156]

The similarity to what's going on in Ireland now is striking. Of course it's less severe here than in third world countries but the principle is the same. The countries giving the "bailouts" are actually the ones profiting. They charge 6.5% interest and demand that we tighten our belts. As usual, the disabled, the sick, the poor are the ones who take the cuts, despite the fact that it's not even our state which accumalted these debts but private banks. That fact is never mentioned abroad.