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How the UNITED STATES and the Zionist run IMF destroyed Yugoslavia.

Multi-ethnic, socialist Yugoslavia was once a regional industrial power and economic success. In the two decades prior to 1980, annual GDP growth averaged 6.1 percent, medical care was free, the literacy rate was of the order of 91 percent, and the life expectancy was 72 years. But after a decade of Western economic ministrations and five years of disintegration, war, boycott, and embargo, the economies of the former Yugoslavia are prostrate, their industrial sectors dismantled.

Yugoslavia’s implosion was in part due to U.S. machinations. Despite Belgrade’s non-alignment and its extensive trading relations with the European Community and the U.S., the Reagan administration targeted the Yugoslav economy in a “Secret Sensitive” 1984 National Security Decision Directive (NSDD 133), “United States Policy toward Yugoslavia.” A censored version declassified in 1990 largely elaborated on NSDD 54 on Eastern Europe, issued in 1982. The latter advocated “expanded efforts to promote a ‘quiet revolution’ to overthrow Communist governments and parties” while reintegrating the countries of Eastern Europe into a market-oriented economy.

The U.S. had earlier joined Belgrade’s other international creditors in imposing a first round of macroeconomic reform in 1980, shortly before the death of Marshall Tito. Successive IMF- sponsored programs since then continued the disintegration of the industrial sector and the piecemeal dismantling of the Yugoslav welfare state. Debt restructuring agreements increased foreign debt, and a mandated currency devaluation also hit hard at Yugoslavs’ standard of living.
This initial round of restructuring set the pattern. Throughout the 1980s, the IMF prescribed further doses of its bitter economic medicine periodically as the Yugoslav economy slowly lapsed into a coma. Industrial production declined to a negative 10 percent growth rate by 1990 — with all its predictable social consequences.

By cutting the financial arteries between Belgrade and the republics, the reforms fueled secession

MR. MARKOVIC GOES TO WASHINGTON

In autumn 1989, just before the fall of the Berlin Wall, Yugoslav federal Premier Ante Markovic met in Washington with President George Bush to cap negotiations for a new financial aid package. In return for assistance, Yugoslavia agreed to even more sweeping economic reforms, including a new devalued currency, another wage freeze, sharp cuts in government spending, and the elimination of socially-owned, worker-managed companies. The Belgrade nomenklatura, with the assistance of Western advisers, had laid the groundwork for the prime minister’s mission by implementing beforehand many of the required reforms, including a major liberalization of foreign investment legislation.

“Shock therapy” began in January 1990. Although inflation had eaten away at earnings, the IMF ordered that wages be frozen at their mid-November 1989 level. Prices continued to rise unabated, and real wages collapsed by 41 percent in the first six months of 1990.

The IMF also effectively controlled the Yugoslav central bank. Its tight money policy further crippled federal Yugoslavia’s ability to finance its economic and social programs. State revenues that should have gone as transfer payments to the republics and provinces went instead to service Belgrade’s debt with the Paris and London clubs. The republics were largely left to their own devices.

In one fell swoop, the reformers engineered the final collapse of Yugoslavia’s federal fiscal structure and mortally wounded its federal political institutions. By cutting the financial arteries between Belgrade and the republics, the reforms fueled secessionist tendencies that fed on economic factors as well as ethnic divisions and virtually ensured the de facto secession of the republics. The IMF-induced budgetary crisis created an economic fait accompli that paved the way for Croatia’s and Slovenia’s formal secession in June 1991

Full Story: http://www.monitor.net/monitor/9904a/yugodismantle.html

COMMENT: NOW THEY WANT THE IMF TO MANAGE THE FINANCIAL AFFAIRS OF THE WORLD MONETARY SYSTEM. YOU MUST BE JOKING! THE NEW WORLD ORDER ALWAYS FOLLOWS THE SAME PLAN. BRING IN THE IMF, DESTROY THE ECONOMY, THEN FUEL ETHNIC HATRED. IF THAT DOES NOT WORK, ATTACK MILITARILY WHEN THE COUNTRY IS ON ITS KNEES.

NOW THE UNITED STATES HAS THE BIGGEST EUROPEAN MILITARY BASE SINCE WW II LOCATED IN KOSOVO. AND THE EUROPEAN UNION WANTS TO TURN OVER ITS FINANICAL AFFAIRS TO THE IMF. HA! GOOD LUCK

CZECHOSLOVAKIA WAS ALSO ON THE “Secret Sensitive” LIST AND PERFECT PATSY, VACLAV HAVEL, WAS THE POINT MAN TO LEAD THE FAKE VELVET REVOLUTION CULMINATING WITH THE STRANGE DEATH OF DUBCEK IN 1992 FOLLOWED BY THE BREAK UP OF CZECHOSLOVAKIA. http://www.nwo101.com/2007/10/czechoslovakia-spontaneous-velvet_06.html

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