Bankrupting the Third World

Bankrupting the Third World
Title Bankrupting the Third World PDF eBook
Author Lance Morcan
Publisher
Pages 110
Release 2020-06-25
Genre
ISBN

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Dedicated to the impoverished in forgotten places of the world, this book questions whether the likes of the World Bank, the International Monetary Fund, the United States Agency for International Development and other big international aid organizations help or hinder the world's poorest people. It also questions whether the aid packages provided are genuine or whether they are scams designed to subjugate Third World countries.BANKRUPTING THE THIRD WORLD: How the Global Elite Drown Poor Nations in a Sea of Debt, by novelists, filmmakers and independent researchers James Morcan & Lance Morcan, exposes the culture of corruption within the aforementioned aid organizations and the arrogance with which they treat their Third World 'clients.'The Morcans reveal there's a nefarious hidden agenda at play whereby the 'generosity' extended by international aid organisations in assisting the development of the Third World and providing relief in the event of natural disasters comes with serious strings attached. Strings designed to fleece vulnerable nations.The reader is reminded the economic hit men popularized in John Perkins' 2004 bestseller 'Confessions of an Economic Hit Man' are still alive and well - in Africa in particular.BANKRUPTING THE THIRD WORLD puts two poverty-stricken nations under the magnifying glass to reveal the long-term impact of being the recipient of substantial financial aid from the West. The resulting debt accrued by these nations may surprise even the most skeptical reader.In writing this book, the authors were motivated by one sickening statistic: 21,000 people die from starvation every day. That's one person every four seconds!More sickening is the fact such deaths are unnecessary given there is more than enough wealth in the world for everyone to at least receive the basic necessities of life, and more than enough in the Third World for it to organically sustain itself.By the time you get to the end of this book you'll see there's as much wealth to be found in the Third World as there is in the First World. In fact, terms like 'Third World' and 'impoverished nations' are essentially misnomers as they imply wealth and resources are limited in these forgotten places. The authors aim to dispel that myth once and for all.It's hoped BANKRUPTING THE THIRD WORLD will contribute in some small way to the masses pressuring world leaders to eradicate the extreme poverty that sees millions of our fellow Human Beings - men, women and children - dying unnecessarily every year.

Bankrupting the Enemy

Bankrupting the Enemy
Title Bankrupting the Enemy PDF eBook
Author Edward S Miller
Publisher Naval Institute Press
Pages 363
Release 2007-09-10
Genre History
ISBN 161251118X

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Award-winning author Edward S. Miller contends in this new work that the United States forced Japan into international bankruptcy to deter its aggression. While researching newly declassified records of the Treasury and Federal Reserve, Miller, a retired chief financial executive of a Fortune 500 resources corporation, uncovered just how much money mattered. Washington experts confidently predicted that the war in China would bankrupt Japan, not knowing that the Japanese government had a huge cache of dollars fraudulently hidden in New York. Once discovered, Japan scrambled to extract the money. But, Miller explains, in July 1941 President Roosevelt invoked a long-forgotten clause of the Trading with the Enemy Act of 1917 to freeze Japan s dollars and forbade it to sell its hoard of gold to the U.S. Treasury, the only open gold market after 1939. Roosevelt s temporary gambit to bring Japan to its senses, not its knees, was thwarted, however, by opportunistic bureaucrats. Dean Acheson, his handpicked administrator, slyly maneuvered to deny Japan the dollars needed to buy oil and other resources for war and for economic survival. Miller's lucid writing and thorough understanding of the complexities of international finance enable readers unfamiliar with financial concepts and terminology to grasp his explanation of the impact of U.S. economic policies on Japan. His review of thirty-seven studies of Japan's resource deficiencies begs the question of why no U.S. agency calculated the impact of the freeze on Japan's overall economy. His analysis of a massive OSS-State Department study of prewar Japan clearly demonstrates that the deprivations facing the Japanese people were the country to remain in financial limbo buttressed its choice of war at Pearl Harbor. Such a well-documented study is certain to be recognized for its significant contributions to the historiography of the origins of the Pacific War.

Terrorism and the Economy

Terrorism and the Economy
Title Terrorism and the Economy PDF eBook
Author Loretta Napoleoni
Publisher Seven Stories Press
Pages 194
Release 2011-01-04
Genre Political Science
ISBN 160980080X

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Economist and best-selling author Loretta Napoleoni traces the link between the finances of the war on terror and the global economic crisis, finding connections from Dubai to London to Las Vegas that politicians and the media have at best ignored. In launching military and propaganda wars in the Middle East, America overlooked the war of economic independence waged by Al-Qaeda. The Patriot Act boosted the black market economy, and the war on terror prompted a rise in oil prices that led to food riots and distracted governments from the trillion-dollar machinations of Wall Street. Consumers and taxpayers, spurred by propaganda fears, were lured into crushing global debt. Napoleoni shows that if we do not face up to the many serious connections between our response to 9/11 and the financial crisis, we will never work our way out of the looming global recession that now threatens our way of life. While we feared that Al-Qaeda might destroy our world, Wall Street ripped it apart.

Bankrupting Nature

Bankrupting Nature
Title Bankrupting Nature PDF eBook
Author Anders Wijkman
Publisher Routledge
Pages 226
Release 2013-02-11
Genre Business & Economics
ISBN 1136263934

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This powerful book shows us that we are in deep denial about the magnitude of the global environmental challenges and resource constraints facing the world. Despite growing scientific consensus on major environmental threats as well as resource depletion, societies are largely continuing with business as usual, at best attempting to tinker at the margins of the problems. The authors argue that regardless of whether governments respond to the economic crisis through additional stimulus packages or reduced government spending, environmental and resource constraints will remain. The crisis will be exacerbated by the combination of climate change, ecosystem decline and resource scarcity, in particular crude oil. The concept of Planetary Boundaries is introduced as a powerful explanation of the limits of the biosphere to sustain continued conventional growth. The book breaks the long silence on population, criticizing donor countries for not doing enough to support the education of girls and reproductive health services. It is shown that an economy built on the continuous expansion of material consumption is not sustainable. De-growth, however, is no solution either. The growth dilemma can only be addressed through a transformation of the economic system. A strong plea is made for abandoning GDP growth as the key objective for development. The focus should instead be on a limited number of welfare indicators. The trickle-down concept is seriously questioned, to be replaced by one of sufficiency. Rich countries are called upon to hold back their material growth to leave room for a rising living standard among the poor. Alternative business models are presented, such as moving from products to services or towards a circular economy based on re-use, reconditioning and recylcing – all with the aim of facilitating sustainable development. A Report to the Club of Rome

Making It Big

Making It Big
Title Making It Big PDF eBook
Author Andrea Ciani
Publisher World Bank Publications
Pages 178
Release 2020-10-08
Genre Business & Economics
ISBN 1464815585

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Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.

Bankruptcy Around the World

Bankruptcy Around the World
Title Bankruptcy Around the World PDF eBook
Author Stijn Claessens
Publisher World Bank Publications
Pages 40
Release 2002
Genre Bankruptcy
ISBN

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International Bankster$

International Bankster$
Title International Bankster$ PDF eBook
Author Lance Morcan
Publisher
Pages 166
Release 2020-07-07
Genre
ISBN

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Want to know who is covertly manipulating the financial markets behind the scenes? Then follow the money!INTERNATIONAL BANKSTER$: The Global Banking Elite Exposed and the Case for Restructuring Capitalism, by novelists, filmmakers and independent researchers James Morcan & Lance Morcan, identifies who is responsible for the gigantic financial gulf that separates the top 1% of the population from the common people, or the 99%.The financial overlords illuminated in this book include the powerbrokers at Wall Street banks, European central banks, the US Federal Reserve and the Vatican Bank, as well as elite banking dynasties such as the Rothschild and Rockefeller families.INTERNATIONAL BANKSTER$ discloses the real reasons for the series of recent financial crises. These reasons include: the secret world of "black money" and Old World money where most assets and income remain undeclared; the central banking system and the true nature of the Federal Reserve; the less-than-holy financial activities of the Vatican; the IMF and World Bank's sometimes less-than-charitable dealings with the Third World; the austerity measures currently being inflicted on vulnerable nations like Greece; as well as the theory that the world's money supply is essentially being created out of thin air. Beyond identifying the problems and exposing corruption, INTERNATIONAL BANKSTER$ proposes ideas for creating a fairer economic system. These ideas include: publicly owned banks; utilizing certain aspects of Islamic banking which may be compatible with Western banking systems; exploring whether capitalism and socialism can actually work in tandem; arguing the case to maintain but restructure capitalism; considering the merits of a universal income; and predicting how cybermoney, or cryptocurrencies, will influence the world economy in the coming years.Though the subjects covered may be monetary issues, that's on the surface only. In reality, they are humanitarian issues. As the authors state in the book's opening pages, "Starving the masses of financial opportunities, sinking them in debt and cheating them out of various services their taxes should pay for, are among the greatest sins those in power can commit."As governments around the world continue to bail out privately-owned banking institutions ahead of rescuing the millions of citizens facing bankruptcy and eviction from their homes, INTERNATIONAL BANKSTER$ is a timely read.