rüschlikon switzerland-Ivan Glasenberg CEO Glencore Xstrata-Zambia ---------------------------------------------------------------------------------------------- Zambia is a southern African state with abundant copper reserves making it one of the largest copper belts in the world. If Zambia was to utilize its resources, the country could be as rich as Denmark, switzerland or Dubai. But Zambia is one of the top 20 poorest nations on earth. Now here is whats going on with Zambia and its immense wealth. When Zambia was going through economic hardships in the early 90s, they international banks and monetary institutions like World Bank and IMF offered offered to give Zambia loans and grants on one condition that the privatize their natural resources and with no taxes to the western corporations claiming that they invested their money and so should be excepted from paying taxes. After multinational corporation (western) bought all the rights, they started to manipulate the copper prices which technically gives them free copper below market values. Now you are asking what has rüschlikon switzerland got to do with this. rüschlikon switzerland is one of the wealthiest communities towns in europe where people have tax breaks courtesy of its wealthy residents like Ivan Glasenberg CEO Glencore Xstrata. Ivan is actually South African Jew who is worth almost 8 billion dollars. He runs the biggest corporations in Southern Africa that extract copper in Zambia and gold and other minerals in South Africa etc. The problem is, this south African born has made his billions in Africa but all his money are stored and used in Europe to help europeans like communities in rüschlikon switzerland. You can see for yourself where the loyalty lies. Unfortunately because of the arrangements in zambia, they will continue see the loss of their resources by companies which are enriching people in europe as Zambians suffer and actually die from pollution caused by minings which are rarely regulated. The same trend is in South Africa where these rich multinational corporation own all mining fields, make billions, stuff it in europe while Africans dont get anything back. once these people become wealthy, they can buy citizenship in other countries. For instance, Mr Ivan has three citizenship in South Africa, israel and australia. I dont blame these people honestly for what they are doing because they are inhuman greedy buffoons. I actually blame Africans for being….ummm lets be honest (we are retarded) We still invited the same IMF to help us figure out how to boost our economies. We still treat IMF and world bank bosses as queens and kings and saviors. There is some truth you can swallow with painkillers. PEACE.
Posted on: Thu, 12 Jun 2014 02:53:05 +0000
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