The only time Jesus Christ showed anger in public was when he violently overturned tables belonging to moneylenders who had set up shop at a house of worship. The managing director of the IMF Christine Lagarde has been found guilty of criminal negligence by a Paris court, but the 60-year-old won’t be facing a fine or prison term. A Global Research report: IMF operations make loan-sharking look respectable by comparison, debt-entrapping nations, obligating them to take new loans to service old ones. The scheme assures rising indebtedness and structural adjustment harshness, including: privatization of state enterprises at fire sale prices; mass layoffs; deregulation; deep social spending cuts; wage freezes or cuts; unrestricted free market access for western corporations; corporate-friendly tax cuts; tax increases for working households; crushing trade unionism; and harsh repression against opposition to a system incompatible with social democracy, civil and human rights. Nations are strip-mined of their material wealth and resources, sold off to private hands on the cheap. Democratic values are ignored, countries turned into debt-entrapped backwaters. Middle class societies are destroyed. Workers lucky enough to be employed become wage slaves, entrapped in rotten jobs. Western monied interests benefit at the expense of ordinary people. Bloomberg [...]
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