big conglomerate that think they control the world and they think they're above the law and they're not. what if just the guise of the i.m.f. and world bank kind of looking back since you served is so long and this institution what do you think about kind of what they present and sell themselves to be entire world i mean the whole structural draftsman policies keeping the third world perpetually in debt i mean you do about just that entire ruse to maintain their profit structure i think these are institutions that if they are cleaned up can do a lot of good they can provide a basis for a peaceful transition it's very clear that we need we need to have some regularity in our international financial system we need to we what we certainly don't need is a currency war and that's what we're on track for unless and until we start to get to the bottom of this corruption and it's very simple actually to do because most of the people know that the corporate media seventy percent of the americans in a recent gallup poll distrust their media because it's owned by these banks care and to wrap it up why do you think that whistleblowers such as yoursel

one big conglomerate that think they control the world and they think they're above the law and they're not. what are the guys of the i.m.f. and world bank kind of looking back since you served as so long into this institution what do you think about kind of what they present and sell themselves to be entire world i mean the whole structural drosnin policies keeping the third world perpetually in debt i mean dude that's just an entire ruse to maintain their profit structure i think these are institutions that if they're cleaned up can do a lot of good they can provide a basis for a peaceful transition it's very clear that we need we need to have some regularity in our international financial system we need to we what we certainly don't need is a currency war and that's what we're on track for unless and until we start to get to the bottom of this corruption and it's very simple actually to do because most of the people know that the corporate media seventy percent of the americans in a recent gallup poll distrust their media because it's owned by these bandits care and direct of why do you think that whistleblowers such as yourself obvio

he worked at the world bank and the i.m.f. but was not able when he was not able to take that position at the am that because of an age restriction he was too old yes and he actually has a pretty interesting background he was born in zambia. to rhodesia and then he spent some of his teenage years in zimbabwe so how appropriate for a central banker who was known to be friends. i don't know if that's fair but anyway he has a very great great academic record he was at mit as we talked about many times and there is that mit connection he was born. he's ph d. supervisor along with some other people and a lot of these people who are influencing or central bank decisions or you know i don't know i think it would be really unusual to have a central banker from another country and then come into the united states and had our bank but how we got to be the central banker and in israel was extremely and you're saying he moves there in two thousand and five he was approached to be the governor even though he had basically just become a cit

i.m.f. has now backed away from that position. and what that does is it sends a signal to some of these profit governments around the world maybe we can still get i.m.f. money or european central bank money or european commission money we can continue to spend so it's like you're bailing out your friend but you're telling your friend you can't go out drinking every night and all this said you tell your friend ok i'm going to continue to bail you out but you can go out drinking five nights of the week that doesn't make sense and so i think what the i.m.f. is doing is a mistake not that i think they were on the right side in the first place ok. where are most of the european countries what are they adapting as their austerity measures i mean we've talked about tax high reducing government spending it's a combination of all that there is there one strategy that we're seeing in europe. there are some what thirty something countries in europe we're seeing thirty different examples but if you were to sort of put them into broad categories most countries in europe all during the first decade of the century they were increasing spending they were increasing spending before the financial cr

i.m.f. has now backed away from that position and what that does is it sends a signal to some of these profit governments around the world day maybe we can still get i.m.f. money or european central bank money or european commission money we can continue to spend so it's like you're bailing out your friend but you're telling your friend you can't go out drinking every night and all of a sudden you tell your friend ok i'm going to continue to bail you out but you can go out drinking five nights of the week that doesn't make sense and so i think what the i.m.f. is doing is a mistake not that i think they were on the right side in the first place. where are most of the european countries what are they adapting as their austerity measures i mean we've talked about tax high reducing government spending it's a combination of all that there is there one down strategy that we're seeing in europe there are some what thirty something countries in europe we're seeing thirty different examples but if you were to sort of put them into broad categories most countries in europe all during the first decade of the century they were increasing spending they were increasing spending before the financial

world bank because they need aid from the i.m.f. there were told if you don't change you don't get money from us. so everything including education health communication transportation energy and water follows the free markets rules. agriculture was no exception governmental support was withdrawn and farmers were now on their own. after a structural adjustment the subsidies that were going into fertilizer into seeds and the entire cultural extension services were removed and this is a cinch and services now have to be paid and because people did not have money to pay the never consulted extension workers so the food production just slumped and as we're talking now it is a basket case we are a net food imported country. so what happens you don't have enough to feed the people so you have do a they import and if you don't have enough money to import you get food aid. behind nairobi skyscrapers in the shadows of the kenyan capital's luxuries lies kibera. it is one of africa's largest slums. approximately three hundred thousand people try to survive here. many of them are immigrants from rural regions who came to the city to escape hunger. i was a farmer but i didn't always has a