Like backing the "Rebels" in Libya,
and getting the IMF Enforcement Arm (NATO) to help "remove" the main roadblock (Gaddafi) to the IMF plans for
raping Africa?
Despite his dictatorial megalomania,
Gaddafi WAS a committed Pan African (Africa for Africans, NOT Global Corporations),
and regularly undercut the IMFs attempts at Predatory Loans collateralize by Natural resources in under-developed African nations.
Adding insult to injury, Gaddafi used profits from Libyan Oil to undercut the IMF.
Not a shining example of NeoLiberal Economics...
...but ALL that is moot now.
Libya, a country that not so long ago had the highest standard of living in North Africa,
is NOW Wide Open to the IMF, along with all of North Africa.
Despite a UN resolution scrapping sanctions following the death of ousted leader Muammar Gaddafi, the process of unfreezing Libyan assets is lengthy because the money is spread out across many countries with different regulations.
"The promises have been made for the media," Elkaber said.
A NEW BANKING MODEL
He said he hoped the influence of international organizations would help shape a new Libyan model of banking, and
the groundwork had already been laid by IMF and World Bank over the previous 2-3 years. (!!!!!)
"The IMF and WB have a roadmap and I would like to go ahead with the facelift. We need a strong central bank," he said.
http://www.reuters.com/article/2011/11/03/us-libya-cbank-idUSTRE7A22K420111103
Prior to NATO joining the ongoing Civil War in Libya on the side of "The Rebels",
"Libya was not in debt to international bankers. It did not borrow cash from the International Monetary Fund for any "structural adjustment". It used oil money for social services - including the Great Man Made River project, and investment/aid to sub-Saharan countries. Its independent central bank was not manipulated by the Western financial system. All in all a very bad example for the developing world.”
http://www.atimes.com/atimes/Middle_East/MD27Ak01.html
...and NOW we know the REAL reason for the US "Intervention" in Libya.
The
Disaster Capitalists piggy-backed on the legitimate Arab Spring Uprisings to join an ongoing Civil War in Libya,
taking sides with "The Rebels" in Tripoli that had admitted ties to Al Qaeda,
but none of that is important when the 1% sees an opportunity to
Cash In on Human Misery & Death.
You will know them by their
WORKS,
not by their
excuses.
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