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As the title of this video suggests, we are discussing OECD. I have discussed the OECD, it's the Organization for Economic Cooperation and Development. Basically, the way I look at it is it's kind of the how do you want to call it? It's like they used to have these leagues back in the day in like European history, Hanseatic League and all of these things; I kind of look at it like a league if you will, OECD is like the league of the G7, okay? Now OECD has come into Thailand and said, "hey we want you to join up with OECD." Now my first question is, where have you been the last decades on decades and decades, that you didn't care a thing about Thailand and now magically you do? Could it be because the BRICS is creeping up? Could it be because your own economies are in the doghouse and you've got serious problems and you are trying to suck wealth out of Thailand, because that's what I think is going on here.

Let me just give you a few of my own personal thoughts. So, first of all, they come in and the thing that they are saying now is "oh well you have got to harmonize to all of our tax rules Thailand, if you want to join OECD. You have got to harmonize and align your tax laws so that they look like ours - basically make them super-duper strict, come down on everybody. What we have clearly seen them try to do is they have tried to low-jack all the urban poor, put them into some digital system where they get to track, trace and surveil all of their transactions - by the way they want this across the board - looks to me like this is an OECD thing. It's clearly a World Economic Forum priority. OECD doesn't seem to be too far off from their priorities. If anything, they're probably taking directly from them to one degree or another. In any event though, the point I'm trying to make is that they come in and they are looking to “harmonize” which is basically make the tax system unreasonable and extractive is what we're talking about here. Then down the line, part of joining OECD is one of the requirements of being an OECD member is you have to give out foreign aid. Well, that's not in Thailand's interest, period.

But why would foreign aid create a mechanism for sucking out wealth from Thailand? Well I'll explain it. I look at it like a "funnel". They come in and they create, through harmonization, these Draconian tax laws that suck all the wealth off of the locals. Then once they have that money in the Government coffers, they then say, "oh you need to give that foreign aid to this other country who's “less fortunate” than you", and then we all have to feel sad for that other country that their situation is so bad and we are then going to give them that money, but it doesn't work that way, it goes as a loan. And if you read a book called Confessions of an Economic Hitman, they talk about this technique. So, Thailand will then “through the OECD” have to pony up this money to give out aid but when they give the aid out, it comes with all kinds of strings to the people that receive it and there's all sorts of kickbacks to God knows who associated with getting that aid. But when that aid then can't be repaid, guess who was the countersigner on the overall aid because again, it's not "oh Thailand we're designating, you need to give this money to, I don't know, just make up a country name, to British Honduras, the old name of Belize. We will make you give it to this fictional country. No it's not a 'one-to-one'. You put your money into the OECD's pot and then they loan it out, okay? But the thing is, also if your tax revenues go down to a certain point where you can't pony up, you can go into debt to give the aid - which is mandatory - you have got to give the aid, so you have got to go into debt to give the aid but then when the aid doesn't get paid back, you have to pay off the debt; Country A has to pay off the debt. Meanwhile, if you read Confessions of an Economic Hitman, the people that get it, don't "really" get it. It only goes to the places where these OECD minions designate it is going to go to and then like I said, there's all sorts of sort of inside baseball contracts, kickbacks, whatever. But before you do that, you have to create the funnel, you have to create the extractive sort of mechanism which is the “Harmonization” of the Laws and then foreign aid is the hole under which all of that wealth sucks out of the country.