Tag: World Bank



The most powerful private financial interests in the world, under the cover of COP26, have developed a plan to transform the global financial system by fusing with institutions like the World Bank and using them to further erode national sovereignty in the developing world.

Michael Hudson and Pepe Escobar resume their conversation about a global monetary system that appears headed for divorce.

You don’t know about it because Transparency International is funded by rich states, which they don’t want to be outshone by a third-world nation.

We have been a living example of what occurs when an enormous, volatile, and speculative mass of capital goes all over the world in search of high interest rates, tax havens, and supposed political and exchange stability.