my understanding is that
repayments exceed loans to third world countries by $200 billion, ie the third world is giving $200 billion a year aid to first world -
also, that 80% of loans are spent in first world countries -
also, that most aid is military, so that those countries can enforce first world control on the third world
that most aid is given to strategic countries, ie, in first world's defence interests -
so that the first world extends its power and control through the third world through national leaders who are actually first world friends or puppets [made friendly by big bribes] and the first world gets the poor to repay the loans used to buy the weapons that are used to oppress them
which when you think of it, is no different from taxing the first world poor to pay for the weapons used to oppress the home population - the usual story: kings taxing the ppl into the ground to pay for his wars of conquest at home and abroad
2006-10-08
20:21:47
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3 answers
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asked by
Anonymous
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Social Science
➔ Economics