IMF (International Monetary Fund) and World Bank

People in the third world hate the World Bank and the IMF. These organisations and the west in general, pushed low interest loans on third world dictators who then squandered the funds. Then the people were stuck paying it back. The World Bank jacked up the interest rates and forced these countries into massive austerity, forcing them to devote five times the percentage of the budget to repaying the debt as providing services. They also forced them to sell off anything they had of value. This was all done deliberately as way of gaining control of their natural resources.

~ Roedy (1948-02-04 age:69)