The first hour of this program is the guest John Perkins, who wrote “Confessions of an Economic Hit Man”. He diagrams that the debt-money “loans” that the International Monetary Fund (IMF) issues to impoverished nations is funneled to big banks rather than the country, then the country is left slashing programs to pay for it. If the leader of the nation does not agree to the IMF loan, Economic Hit men do what they need to do to remove them from power so their slavery regime is accepted.
These International Monetary Fund loans come from NOTHING- the same place as the Federal Reserve, Bank of England, People’s Bank of China, European Central Bank, Reserve Bank of India, Central Bank of Brazil, Central Bank of Russia, the Bank for International Settlement, etc get their “debt”. The “debt” as “tender” is created after the promissory note is signed by the agents of the governmental services corporation Country.
The IMF “loans” -negotiable instruments that are their own value, without any need to be paid back- are put onto the liabilities side of “debt banks” liabilities side of their ledgers; where the banks then underwrite THEIR COPY of the debt-money bye entering digits into their assets side of the ledger.
Governmental Services Corporation Watch 