JustaPleb on Nostr: If you haven't had the time to read John Perkins' book, Confessions of an Economic ...
If you haven't had the time to read John Perkins' book, Confessions of an Economic Hitman, then make time to listen to his podcast with preston (npub1s5y…6q7z) on how third world countries are knowingly walked into the Debt Trap! This is the post colonialism playbook - as they say there's more than one way to skin a cat... 😟
https://www.youtube.com/watch?v=p0tvK8smhrc
Along these lines, I remember seeing a video back in 2021 from the Worldbank granting huge loans so that the the third world could be vaccinated and get boosters every 6 months (loans paid on directly to vaccine manufacturers). They didn't need the vaccines as they already had Ivermectin and Artemisia as effective treatments for anybody highly vulnerable.
I so hope these countries see the light one day and use the Worldbank charter loophole to repay them and get their own back. Excellion (npub1exc…n72a) 🙏
These countries can custody the BTC themselves at repay the Worldbank using BTC IOUs (which the Worldbank can't spend) As bitcoin goes up in value the Worldbank then has to refund the overpayment in USD and the countries can then use to buy further BTC. It's such an easy perpetual speculative attack!
(IMF & Worldbank loans to third world countries ARE eurodollars, which will end in a puff of smoke!🙏 The Eurodollar market is such a BIG BIG rabbit hole, which I haven't got to the end of yet, but I suspect it was the culprit for the 15th Aug 1971 speculative attack on gold backed USD!!!)
https://www.forbes.com/sites/martinrivers/2021/06/17/el-salvador-can-pay-world-bank-in-bitcoin-according-to-charter/
https://www.youtube.com/watch?v=p0tvK8smhrc
Along these lines, I remember seeing a video back in 2021 from the Worldbank granting huge loans so that the the third world could be vaccinated and get boosters every 6 months (loans paid on directly to vaccine manufacturers). They didn't need the vaccines as they already had Ivermectin and Artemisia as effective treatments for anybody highly vulnerable.
I so hope these countries see the light one day and use the Worldbank charter loophole to repay them and get their own back. Excellion (npub1exc…n72a) 🙏
These countries can custody the BTC themselves at repay the Worldbank using BTC IOUs (which the Worldbank can't spend) As bitcoin goes up in value the Worldbank then has to refund the overpayment in USD and the countries can then use to buy further BTC. It's such an easy perpetual speculative attack!
(IMF & Worldbank loans to third world countries ARE eurodollars, which will end in a puff of smoke!🙏 The Eurodollar market is such a BIG BIG rabbit hole, which I haven't got to the end of yet, but I suspect it was the culprit for the 15th Aug 1971 speculative attack on gold backed USD!!!)
https://www.forbes.com/sites/martinrivers/2021/06/17/el-salvador-can-pay-world-bank-in-bitcoin-according-to-charter/