The World Bank Group is a group of international financial institutions that provides loans to developing countries. But working along with the United States military and international corporations, it deprives countries all over the world of their resources, polluting their water and air while operating in a way that ensures continue poverty.
The history of the United States foreign policy can be read here, and there you can read the specific examples of the operations of the World Bank Group. The actual purpose of the World Bank Group is to acquire resources for international corporations at the lowest rates possible, but it does this under the guise of “reducing global poverty”. How they operate is eerily similar to the mafia.
First, the World Bank Group sends “diplomats” to countries that have a lot of useful resources, but lack infrastructure. They then offer the government in control substantial amounts of loans to build infrastructure that would make people more likely to invest in that country. If they bite then, then the United States sends all sorts of aid, funded by either tax payer dollars or printed off by the Federal Reserve, and provided by American corporations. Since all of the money is just going back to foreign interests, the people of the country mostly remain out of work and in poverty. Once enough infrastructure is built by foreign, international companies, all of the loan money is used up, and the natives of the country completely lacking in the kind of organization that is only possible when people aren’t spending all of their time trying to survive, have little means of making their lives any better.
But the loan must be repaid, and since the government has no income (hardly anyone works in or trades with that nation, so little tax revenue exists), they must renegotiate with the World Bank Group and their big investors. In place of payments, many of these nations’ governments agree to vote with the U.S. on key United Nations proposals, or they are forced to offer their resources far below market value to international investors.
So investors come in and employ the natives, probably not at much more than a dollar a day, enjoying the lack of pollution and work regulations. They take all of the resources, sell them to other international companies that need them, then those international producers feed the international consumer market, led by the United States public, and make ungodly amounts of money that goes primarily to investors of the companies that make the consumer products, investors that take resources from developing countries, the governments of the countries (which rarely makes its way to the people, but the United States provides them with tanks and weapons, so the people don’t revolt), and lastly bank in World Bank Group accounts, where it can be used to give loans to other countries, further “reducing poverty”.
The World Bank Group has been the driving force behind making America the Empire that it is. But we do not escape blame as the people of the United States. For a century, we have elected people because they put on great shows and said things that we wanted to here. For a century, we listened to the people who promised more with out any consideration of whether or not what they promised is even possible. For a century, we never realized that the same people who preached freedom and democracy at home were violating every single principle of them all over the globe. For a century, we didn’t care about how our money was made or how we got our products, we only cared about the fact that we had it. But what we must realize now is that we can’t hold on to these extravagant lives sustained by suffering around the globe for much longer. The problem with cutting corners is a cheap product, and that is exactly what our economy is. It was tossed together without regard for any consequences, and the leaders of it only consider options that keep them in charge, even if they could be better off if they let people that weren’t spoiled idiots lead the world.
The solution to the problem with the World Bank Group is the same solution to the problem with the Federal Reserve System.
Find info on the solution, here.