Wednesday, December 01, 2010

MICRO-LOAN = DEBT TRAP

A danish documentary film exposes the 2006 Nobel Prize winning microloan as a hoax: with interest from 25 to 200 percent on short loans loantakers are trapped in a pyramid of debt - a veritable reverse ponzi scheme.

While our readers might not be suprised by yet another Nobel Peace Prize Charlatan they might be delighted by the ironic fact that the Norwegian foreign ministry noted their misgivings about Muhammed Yunus and Grameen Bank as early as 1993!!!

Maybe he's even funding al Qaeda?

1 comment:

  1. More muslim crooks getting Nobel prizes!

    And this has been going on for 44 years and no one noticed it was a criminal set up, to steal from the poor?

    Norway and Sweden "lent" his bank money? Jizya, surely as they will never see it again.

    Those two countries are now the most islamised in Europe, where muslims have more rights than native people.

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