War By Other Means: Documentary

War By Other Means is a 1992 documentary film by John Pilger and David Munro. In this documentary Jon Pilger points out that in the year of Live Aid in 1985 Africa gave twice as much to us as we gave to them. On Red Nose Day the 12m raised by the public came back in interest payments on loans. Developing countries pay more interest on loans then they ever receive in international aid.
Pilger sees the debt system as a form of war:
“In many ways it’s like a colonial war. The difference is that these days people and their resources are controlled not by Viceroys and occupying armies but by other, more sophisticated means of which the principal weapon is debt.”
Pilger traces the international debt system back to Bretton Woods in 1944 where the IMF and World Bank were formed.
The documentary looks at the effects of this system on the Philipines. 44 per cent of the Philipines national budget goes to paying interest on foreign debt. The effects are shown with graphic scenes of poverty. People are filmed picking through rubbish on ‘Smokey Mountain’ to find a few things to sell and buy food. Debt is rightly described as a contemporary form of slavery.
The effect of Structural Adjustment Plans is to make sure that debt repayment takes priority over everything else. No environmental or humanitarian concern is given greater weight than that goal.
Despite optimistic comments in this documentary from a World Bank interviewee little has changed. The Phillipines economy is still geared toward paying back interest payment on debt. Although it once boasted one of the region’s best-performing economies, the Philippines is saddled with a large national debt and tens of millions of people live in poverty. In 2004, public debt as a percentage of GDP was estimated to be 74.2%; in 2008, 56.9%.Gross external debt has risen to $66.27 billion and the daily income for 45% of the population of the Philippines remains less than $2.
Pilger makes a passionate case for debt cancellation. He argues that the World Bank and IMF should be abolished and replaced with a real development agency based on the national interest of the countries concerned.

Got Frequencies? Get $100 OFF your WavWatch when you purchase @ http://ClearlyGoodVibes.com with Discount Promo Code: Allison100

Send a Free CUSTOM Card Today - from your phone or computer: https://SenderOfSmiles.com

Join Us on Telegram, https://t.me/clearlywellness
Where we shine a gentle light on some of the real and spiritual world Truths that are being revealed related to our beliefs/history, current events, education, medical, constituitional, geopolitical, etc.

The Nancy Kerner Show is Committed to Shining a Gentle Light on Holistic Health, Spirituality, Intuition, Relationships, Prosperity, Family, Community, Interviews, and Heart-Centered Updates on Current Events.
https://NancyKerner.com

Showtimes: (Rumble, Locals and on https://NancyKerner.com/shows)
Tues. & Thurs. @ 11am PST/ 1pm CST

AFFILIATE DISCLOSURE: there may be a few links in this description that, at no cost to you, will earn us a commission if you choose to click them and make a purchase. Rest assured, we only recommend products we know and trust!

Mirrored - Fair Use (share)
Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. I believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding, I will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants me to add their photo. The Clearly Wellness channel is "the #WeThePeople’s opinion". Anything that is said on the channel is either opinion, criticism, information or commentary.
----------------------------------
NOTE: These are not necessarily the beliefs of the uploader. Discernment is required to see the Truth in all of it. Once you do your own research, trust your innate intuition, whatever resonates with you.

Aloha!

Want to create live streams like this? Check out StreamYard: https://streamyard.com/pal/d/6345341914972160