Saturday, December 25, 2010

What Exactly are the World Bank and the IMF doing?

The income ratio of the one-fifth of the world’s population in the wealthiest countries to the one fifth in the poorest countries went from 30 to 1 in 1960 to 74 to 1 in 1995. And the World Bank, the U.S. Agency for the International Development, the IMF, and the rest of the banks, corporations and governments involved in international “aid” continue to tell us that they are doing their jobs, that progress has been made.” – John Perkins, Confessions of an Economic Hit Man

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