Joseph Stiglitz (Nobel Laureate, Economics): The Mindset of the Vile Jewish Parasite
In 2001, Professor Joseph Stiglitz, former Chief Economist of the World Bank and former Chairman of President Clinton's Council of Economic Advisers went public with the World Bank's, "Four Step Strategy," which is designed to enslave nations to the bankers. This strategy has been summarized by Andrew Carrington Hitchcock below.
Step One of World Bank's Strategy: Privatisation
This is actually where national leaders are offered 10% commissions to their secret Swiss bank accounts in exchange for them trimming a few billion dollars off the sale price of national assets. Bribery and corruption, pure and simple.
Step Two of World Bank's Strategy: Capital Market Liberalization
This is the repealing of any laws that taxes money going over its borders. Stiglitz calls this the, "hot money," cycle. Initially cash comes in from abroad to speculate in real estate and currency, then when the economy in that country starts to look promising, this outside wealth is pulled straight out again, causing the economy to collapse.
The nation then requires IMF help and the IMF provides it under the pretext that they raise interest rates anywhere from 30% to 80%. This happened in Indonesia and Brazil, also in other Asian and Latin American nations. These higher interest rates consequently impoverish a country, demolishing property values, savaging industrial production and draining national treasuries.
Step Three of World Bank's Strategy: Market-Based Pricing
This is where the prices of food, water and domestic gas are raised which predictably leads to social unrest in the respective nation, now more commonly referred to as, "IMF Riots." These riots cause the flight of capital and government bankruptcies. This benefits the foreign corporations as the nation's remaining assets can be purchased at rock bottom prices.
Step Four of World Bank's Strategy: Free Trade
This is where international corporations burst into Asia, Latin America and Africa, whilst at the same time Europe and America barricade their own markets against third world agriculture. They also impose extortionate tariffs which these countries have to pay for in branded pharmaceuticals, causing soaring rates of death and disease
There are a lot of losers in this system, but a few winners – bankers. In fact the IMF and World Bank have made the sale of electricity, water, telephone and gas systems a condition of loans to every developing nation. This is estimated at 4 trillion dollars of publicly-owned assets.
In September of 2001, Professor Joseph Stiglitz was awarded the Nobel Prize in Economics.
Joseph Stiglitz' sick scheme, wholeheartedly endorsed by fellow Jewish finance people, represents the nature of the Jewish leech: these morally unconscionable parasites – astoundingly rich – have no compunctions against robbing the destitute.
Picture people fighting for scraps of food thrown in dumpsters and people watching their children starve while Jewish bankers are scheming on how to leech more money from these desperate persons. How does one put this in words?
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