Vance Crowe
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Podcast Appearances
And the whole time they're doing this, every amount of money they're giving, they've got to pay out all these other people that are connected to every aspect of it, just like all government spending. Plus, they're locking these countries in to debt that they're never going to be able to pay off.
And then with that debt, they now start saying, hey, we'd like you to make these governmental changes to the way you govern your people. And they don't really care about the sovereignty of those people. And so a group in Washington, D.C., the World Bank is literally, you can see it from the White House. And it is a mechanism of the United States, really Western powers to have a lot of control over
And then with that debt, they now start saying, hey, we'd like you to make these governmental changes to the way you govern your people. And they don't really care about the sovereignty of those people. And so a group in Washington, D.C., the World Bank is literally, you can see it from the White House. And it is a mechanism of the United States, really Western powers to have a lot of control over
And then with that debt, they now start saying, hey, we'd like you to make these governmental changes to the way you govern your people. And they don't really care about the sovereignty of those people. And so a group in Washington, D.C., the World Bank is literally, you can see it from the White House. And it is a mechanism of the United States, really Western powers to have a lot of control over
The rest of the world.
The rest of the world.
The rest of the world.
So the World Bank was started after World War II. And they're called the Brentwoods Institutions. And what they were was a group of people that came together. It depends on who you ask what their intents were. But essentially, it said, Europe is totally annihilated. They don't have any industry here. And the last time, when World War I happened, we left Germany in shambles. And then what happened?
So the World Bank was started after World War II. And they're called the Brentwoods Institutions. And what they were was a group of people that came together. It depends on who you ask what their intents were. But essentially, it said, Europe is totally annihilated. They don't have any industry here. And the last time, when World War I happened, we left Germany in shambles. And then what happened?
So the World Bank was started after World War II. And they're called the Brentwoods Institutions. And what they were was a group of people that came together. It depends on who you ask what their intents were. But essentially, it said, Europe is totally annihilated. They don't have any industry here. And the last time, when World War I happened, we left Germany in shambles. And then what happened?
Well, if you let an inflation run wild, a country's going to have a fanatical leader. You're going to have this over and over again. So why don't we take money, pool it together, rebuild Europe, and then work from that. But once they did that and Europe got rebuilt, they were like, well, why stop now? Why don't we go to Africa, go to Central America?
Well, if you let an inflation run wild, a country's going to have a fanatical leader. You're going to have this over and over again. So why don't we take money, pool it together, rebuild Europe, and then work from that. But once they did that and Europe got rebuilt, they were like, well, why stop now? Why don't we go to Africa, go to Central America?
Well, if you let an inflation run wild, a country's going to have a fanatical leader. You're going to have this over and over again. So why don't we take money, pool it together, rebuild Europe, and then work from that. But once they did that and Europe got rebuilt, they were like, well, why stop now? Why don't we go to Africa, go to Central America?
But I can't say whether the mission at the beginning was a good one or not. They did rebuild Europe. Europe became a powerhouse of economic. But the mission afterwards became so diffuse and so corrupted that I have no problem saying that's the most corrupt place on Earth.
But I can't say whether the mission at the beginning was a good one or not. They did rebuild Europe. Europe became a powerhouse of economic. But the mission afterwards became so diffuse and so corrupted that I have no problem saying that's the most corrupt place on Earth.
But I can't say whether the mission at the beginning was a good one or not. They did rebuild Europe. Europe became a powerhouse of economic. But the mission afterwards became so diffuse and so corrupted that I have no problem saying that's the most corrupt place on Earth.
Well, from the U.S. 's perspective, this is an awesome deal because they control that, right? So the U.S. gets to appoint the president through tradition of the World Bank. And Europe gets to appoint the head of the IMF. So Christine Longard that you see talked about in the news. They're the ones that do the currency controls that you have to have in place before you get this World Bank loan.
Well, from the U.S. 's perspective, this is an awesome deal because they control that, right? So the U.S. gets to appoint the president through tradition of the World Bank. And Europe gets to appoint the head of the IMF. So Christine Longard that you see talked about in the news. They're the ones that do the currency controls that you have to have in place before you get this World Bank loan.
Well, from the U.S. 's perspective, this is an awesome deal because they control that, right? So the U.S. gets to appoint the president through tradition of the World Bank. And Europe gets to appoint the head of the IMF. So Christine Longard that you see talked about in the news. They're the ones that do the currency controls that you have to have in place before you get this World Bank loan.
The U.S. is the largest donor, but they're also the one that gets to control who's doing what. It's really, it's a political body. And I went in there incredibly naive, thinking, oh, politics is about, like, let's resolve the problem, when the reality is politics is about how do I help my small tribe of people survive?