IMF Destroys Iceland and Latvia.Read here.

2.IMF and the World Bank.Read here.

3.HUNGER,the WMD against Nations.

4.IMF Riots,is a notorious term, used to show how the IMF and the World Bank,order nations about,and bring about Bankruptcy

A part of the  article, is given, below and the Guardian is thankfully acknowledged for bringing out ,dangerous things.

But this was a far bigger catch than some used-up Cold War spy. The former apparatchik was Joseph Stiglitz, ex-chief economist of the World Bank. The new world economic order was his theory come to life.

He was in Washington for the big confab of the World Bank and International Monetary Fund. But instead of chairing meetings of ministers and central bankers, he was outside the police cordons. The World Bank fired Stiglitz two years ago. He was not allowed a quiet retirement: he was excommunicated purely for expressing mild dissent from globalisation World Bank-style.

Here in Washington we conducted exclusive interviews with Stiglitz, for The Observer and Newsnight, about the inside workings of the IMF, the World Bank, and the bank’s 51% owner, the US Treasury.
IMF riots
1.Step One is privatisation
2.Step Two is capital market liberalisation
3.At this point, according to Stiglitz, the IMF drags the gasping nation to Step Three: market-based pricing
4.a fancy term for raising prices on food, water and cooking gas. This leads, predictably, to Step-Three-and-a-Half: what Stiglitz calls ‘the IMF riot‘.
as when the IMF eliminated food and fuel subsidies for the poor in Indonesia in 1998. Indonesia exploded into riots.
There are other examples – the Bolivian riots over water prices last year and, this February, the riots in Ecuador over the rise in cooking gas prices imposed by the World Bank. You’d almost believe the riot was expected.
The IMF riots (and by riots I mean peaceful demonstrations dispersed by bullets, tanks and tear gas) cause new flights of capital and government bankruptcies This economic arson has its bright side – for foreigners, who can then pick off remaining assets at fire sale prices.
the clear winners seem to be the western banks and US Treasury.
Stiglitz has two concerns about the IMF/World Bank plans.
First, he says, because the plans are devised in secrecy and driven by an absolutist ideology, never open for discourse or dissent, they ‘undermine democracy’.
Second, they don’t work. Under the guiding hand of IMF structural ‘assistance’ Africa’s income dropped by 23%.
Did any nation avoid this fate? Yes, said Stiglitz, Botswana. Their trick? ‘They told the IMF to go packing.’ ”

World Bank Chief to meet M M Singh and Chidambaram from tomorrow[11/3/2013] for 3 days.India, may be further immersed in Debt prior to BANKRUPTCY under M M Singh.

IN Janusary 2014,the Urjit Patel panel has come out with recommendations as to what tghe mandate of the RBI should be.While it targets a 4+-2%  Inflation,the most dangerous thing is,recommends MARKET PRICING,whihc is the diktat of the IMF and which allows LOOTING of India by the MNCs and private Oligarchs.Cost-based pricing is the only correct method,especially for countries like Indiaas:-
i..The standard of living is low

ii,Cost of production is low

iii.Salaries and perks are low

iv.Labour,land,Water,Power,Infrastructre and other resources are cheaper.

The absurdity of  and cheating by Market pricing can be proven as follows:-


To be continued…..