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G7 Announces Fast-Road to Perdition for Debtor Nations

After months of debate, the G7 has come to an agreement about how countries can be forced to pay their debts.

Source: TheTip, 2002-09-27

Candidate: WTO

The G7, the unnoficial monetary governing group of the world, has developed a fast-track set of rules that would allow the majority lenders to debtor nations to decide how to deal with that country's debts.The decision has been hailed as a landmark because it allows debts to technically be dealt with more efficiently for the lenders. However, what it really does is further consolidate the power of the most powerful lending institutions, most notably Barclays, Citigroup, FMR and Chase. Simultaneously, protesters were arrested during their protest of the WTO in Washington supposedly for posession of explosives.
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From: Si
1999-11-30 00:00:00
the day is coming when the u.s. is unable to repay
its foreign debt. how many trillions?



From: Robblin
2004-02-25 00:00:00
turns out the explosive-posessing protesters were
photographers.



From: LLindauer
2004-02-25 00:00:00
wtc tactics, to privitize and license distribution
of fresh water to the likes of enron, was revealed
by protesters on day 2 of the washington dc wtc
meeting in september.
wtc spokesmen called
allowing governments water rights "socialistic"
and an "unworkable system." more than 85% of us
fresh water is supplied by municipal water
systems. wtc better check its sources.



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The G7 is helping international bankers crack down on the poorest nations in the world.
The G7 is helping the poor nations of the world find better ways to pay their debts.

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