You may want to look up John Perkin's "Confessions of an
Economic Hitmen", which details how, during his days as an
economist for a private consulting firm, he and other "economic
hitmen" used the WB/IMF and other 'international' institutions as
tools to bring third world countries to their knees via economic
means. First corruption, then assassination, finally military
invasion. Iraq was an example where the first two failed, thus the
1991 and 2003 invasions.
The advantage of working for a private corporation while trying
to economically bring developing countries into western servitude
was that even if he and his colleagues were caught, it wouldnt
cause an international scandal.
According to him, that's how the US and western interests have
built the world's first global empire, though that is unknown to
most people, even Americans.
Here's
a five part interview with him on "Democracy Now"
Well, we aint no fool, the watergate case, and Lt Col north case
shown a double headed USA, make money by creating war so that they
can sell their weapons, and imagine, they can declare a war on you
and also secretly sell arms to you. Is a joke isn't it. War to the
america is also a time to display their powerful weapons, their
effectivness and efficiency, ending up country like japan, s korea,
singapore etc etc rushing to purchase it for own safety. Secondly,
war also help them to use up old stock in their armoury. Thirdly, a
chance for their generals and soldiers to train in live action.
And of course all these will be done in foreign land, never
their own soil.
Financial insitution like IMF and also the UN are puppet of US,
Dr mahatir is smart enuf not to venture in IMF, he rather freeze
all foreign asset and re consolidate, nevermind if the country goes
bankrupt, because IMF come with deals that is very much on the
advantages of IMF (US) rather than the country borrowing, once you
borrow, you are hook on their policy and have the abide their rule,
that is how they controlled Indonesia and also indo china
trade.