Top 15 Michel Evgenij Chossudovsky Quotes

America had come to the rescue of Korea's "troubled banks". The auction of commercial bank assets was an obvious fraud.

In a cruel irony, speculators - rather then elected politicians - are the shots on crisis management. In an absurd logic, those who foster financial turbulence have been invited by the G7 Finance ministers to identify policies which attenuate financial turbulence.

A new global financial environment has unfolded in several stages since the collapse of the Bretton Woods system of fixed exchange rates in 1971.

The Cayman Islands, a British Crown colony in the Caribbean, for instance, is the fifth largest banking center in the world,

Legal and illegal activities had become inextricably intertwined.

While Financier George Soros was investing money in Kosovo's reconstruction, the George Soros Foundation for an Open Society had opened a branch office in Pristina establishing the Kosovo Foundation for an Open Society (KFOS) as part of the Soros' network of "non-profit foundations" in the Balkans.

Lost in the barrage of images and self-serving analysis are the economic and social causes of the conflict.

The collapse of the standard of living, engineered as result of macro-economic policy, is without precedent in Russian history: " We had more to eat during the Second World War."

For the West, the enemy was not "socialism" but capitalism. How to tame and subdue the polar bear, how to take over the talent, the science, the technology, how to buy out the human capital, how to acquire the intellectual property rights?

Macro-economic reform undermined the legal economy, reinforced illicit trade and contributed to the recycling of "dirty money" towards Peru's official and commercial creditors.

Macro-economic policy had accelerated the "expulsion" of landless peasants from the countryside leading to the formation of a nomadic migrant labor force moving from one metropolitan area to another.

Moreover, the entire international trading system is prone (from the lower echelons to top state officials) to corruption and bribery by foreign contractors.

Both Hindu, as well as Islamic fundamentalism, feed on the poverty of the masses.

In return, US surpluses of genetically engineered maize (banned in the European Union) were being dumped on the horn of Africa, in the form of emergency aid.

The civil war in Rwanda and other ethnic massacres were an integral part of US foreign policy, carefully staged in accordance with precise strategic and economic objectives.