IMF & World Bank: Two major levers of US economic hegemony

IMF and World Bank policies are opening national markets to US-dominated "multinational corporations" effectively destroying the homegrown economy of poor countries all over the world from Latin America to Africa to Asia. The program was essentially about enriching a few ruling families by kickbacks and bribes accompanying loans that opened the borrowing countries to American companies. Since the borrowing countries could never pay the loans back, the economic hitmen returned asking for cheap oil and minerals, favorable business deal, etc.

Watch this video on our Website: http://www.presstv.com/Program/288926.html
Follow our Facebook on: https://www.facebook.com/presstvchannel
Follow our Twitter on: http://twitter.com/presstv
Follow our Tumblr on: http://presstvchannel.tumblr.com