This article is incredibly on point, I am going to take an excerpt out from the article and highlight it in the beginning here but I HIGHLY encourage you to read the entire article:
In practice, as the IMF’s No. 2 officer, Krueger’s proposal was to introduce a sort of Chapter 11 mechanism permitting orderly management of the transition of countries defaulting on their sovereign debts, back into paying by steering their Nation-States into controlled national bankruptcy.
The implicit objective is to ensure that Sovereign Bond creditors – hedge funds, vulture funds, giant megabanks like Goldman Sachs, Bank of America, CitiCorp, JPMorganChase, HSBC, and the IMF itself – can exert huge leverage taking priority in cashing in on the monies sucked out of a Nation’s taxpayers’ (workers’), central banks, mineral, oil & gas wealth, and other resources and reserves.
This would transmute into a new edition of the IMF’s proverbial “recipes” to “help nations” totally and irretrievably in debt to once again “access international financial markets” so that they can re-program, roll-over, refinance, kick forwards defaulted, impossible-to-pay short-term debt, by mutating them into long-term, hugely profitable, high interest yield juicy performing debts.
That would look really nice on mega-banker financial sheets, and would ensure that gigantic amounts continue to flow out of troubled Nation-State public coffers and into mega banker private pockets!
As if horrific debt crises caused by artificially created unsustainable debt burdens could ever be resolved by taking on/imposing ever higher, heavier, long-term debt. One can almost hear the sucking sound in the dark recesses of the global financial system…
Modern mass slavery couldn’t have been better thought out…!
Modern Slavery has many faces:
All these mind control techniques stem from financial tyranny, debt slavery.