To assist our research for Bankrupting the Third World, the next planned book in our Underground Knowledge Series, we asked members of our ‘Underground Knowledge’ group on Goodreads.com the following question: Do you believe global financial aid institutions such as the World Bank, the IMF and USAID primarily help or hinder Third World nations?
Cover reveal for:
BANKRUPTING THE THIRD WORLD: How the Global Elite Drown Poor Nations in a Sea of Debt
Unsurprisingly, interim poll results show that 67% of respondents believe the big global aid organizations are more a hindrance than a help to Third World nations; only 4% believe they’re a help; and the balance are unsure.
Poll respondents’ comments make for interesting reading. Examples follow:
If the leaders of the developed countries wanted to help the people from the third world countries, they should have done it years ago without hesitation.
They are almost entirely funded by the U.S. taxpayers, and I want my money back! The design and build of their headquarters also cost a darn fortune!
World Bank, IMF, USAID are basically tools of the US Government and weapons used to blackmail third world countries.
It’s a case of too many (greedy) cooks in the kitchen.
Their primary interests is themselves. Third world nations are there to be exploited by them for resources. Obviously, they would like all to be third world nations!
It is simple they help by bailing out nation but these nations typically have no way of repaying theses loans and default on them, which is the hindrance.
Dirty water, barren land, land stolen for rubber plantations and GMO crops, keep the Africans and others hungry.
To read all comments, or better still to have YOUR say, go to: https://www.goodreads.com/poll/list/142309-underground-knowledge—a-discussion-group?type=group
This upcoming book can be viewed on Goodreads at:
“Western governments tax their citizens to fund the World Bank, lend this money to corrupt Third World dictators who abscond with the funds, and then demand repayment which is extracted through taxation from poor Third World citizens, rather than from the government officials responsible for the embezzlement. It is in essence a global transfer of wealth from the poor to the rich. Taxpayers around the world are forced to subsidize the lavish lifestyles of Third World dictators and highly-paid World Bank bureaucrats who don’t even pay income tax.” -Ron Paul’s statement at the World Bank Hearing, May 22, 2007