Privatization Steps:
-1 Economic sanctions or hurdles are placed to reduce trade for country intentionally
0- Local Banks are made weak so they don't finance local initiatives
1- IMF Keeps telling governments that they need loan
2- IMF Sell them loans
3- Devalue the currency of nation so its assets loose value (Get cheaper), happens in currency market
4- IMF Sell more loans, to offset problems due to falling currency prices
5- Collect High interest , and modify loan taker's inner laws to allow more economic abuse
6 - Devalue the currency more for nation (Stuff gets cheaper to buy if you are outsider)
7- Sell more loans (For useless things like road or dirt wall or paint job never for energy or economic booster projects)
8- Devalue the currency some more , so assets loose value (Get Cheaper)
9 - PRIVATIZATION
10- Group of investors from outside , move in with pennies which now value like thousands due to loans
11- Purchase of expensive property , industries , energy resources in country at CHEAP CHEAP CHEAP rate
12 - Hike the Prices of water, energy , food once resources are purchased
13- Country which owned the assets now its citizens become "Purchasers" to the outsiders , they need to purchase goods coming from the resources of its own country but hey have to pay to outsiders
We are at number 8 and talks of number 9 in list
Explanation #2: Story from Beneficiaries side (Foreign group's country) prespective
International Organizations, call them xyz tells citizens of rich country (USA, Canada, UK etc )
, look buy our stocks !!! and over time we will buy Oil Wells, Gold mines , Gas mines , Minerals and water resources around the country and internationally. These groups form an IPO in stock exchange , don't put a penny of their own. The stock purchasers buy stock for that company
So they get money collected from the investors "this is their market capital"
Now they put policy makers in Governments (As a group) so that Organization like IMF get $$$$ donated which they can donate to poor countries . Military is sent to countries that have strong opposition to outside Private entities owning their assets , or government is toppled
Now IMF - indirectly engages poor countries to Take Loans, tells them its must or we will down grade your economic outlook
And once the Money in country falls after taking loans over 5-10 years the "International" Group moves in forms alliances with local partner or not and take over assets, under privatization
Back home, they announce "Hey Look, we purchased a Gold Mine in Nigeria or Pakistan"
We will extract 20 Billion dollar worth of goods over 14 years , and as a result the Groups STOCK value goes up the roof!!!!
YE HAI TAJAERBEKAR TEAM! Ka Purpose !!!!
Billion Dollar IMF loan only disturbs the money balance "temporarily" , its like Heroin drug that solves your need for 2-3 hours untill you need more
