USA Federal Reserve Pushes System the World Towards Global Economic Crises

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FEDFrom 2007 up to 2010 the USA Federal Reserve System transferred 16 USD trillion to several hundred banks and financial groupings. There are several hundreds of millions of people in the world who have dollars and by no means all of them are Americans. While printing these 16 USD trillion, the USA has slipped their hands into the pockets of those people without asking them just to finance several hundred banks and financial groupings. In addition, the ineffective activities of exactly those several hundred banks and financial groupings became the cause of the world crisis in 2009. The behavior of the USA Federal Reserve System strongly reminds the practice of the USSR Gosplan (main state bank), according to which there were withdrawn funds from profitable economic sectors to finance declining ones. Thus, the financial support in the USSR was distributed not only to financial experts but to workers, teachers and so on. During the crisis period in the USA and EU not very rich people were to tighten the belts first of all.

Statement from Ashot Ayrapetyan, Chairman of Respect International – West-East Bridges at the 2012 High Level Segment of the United Nations the Economic and Social Council. New York, 2-27 July 2012

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Statement from Ashot Ayrapetyan, Chairman of Respect International – West-East Bridges at the 2012 High Level Segment of the United Nations the Economic and Social Council. New York, 2-27 July 2012

The necessity for a new world development programme

Our civilization develops unequally. If modern planes, trains, houses and computers were created by engineers, then the global economy was created by politicians and the military in order to control other States. In the world's leading countries, such as France, Germany, Japan, the United Kingdom of Great Britain and Northern Ireland and the United States of America, it was understood a long time ago that the stability of the State depended on the provision and guarantee of the rights and needs of citizens. Unfortunately, in reality, the relationship between countries is quite the opposite. Rich and prosperous countries are becoming increasingly richer, while the poor are becoming increasingly poorer. As a result, many people from Africa, Asia and Latin America are prepared to take any means in order to move to developed countries. There are also those who want to restore justice, but being unable to find legal routes, resort to terrorism.