Read_683 – How the IMF and World Bank Repress Poor Countries, Part 1 [Alex Gladstein]

“A 2014 analysis showed that the IMF had attached, on average, 20 conditions to each loan it gave out in the previous two years, a historic increase. Countries like Jamaica, Greece and Cyprus have borrowed in recent years with an average of 35 conditions each. It is worth noting that Bank and Fund conditions have never included protections on free speech or human rights, or restrictions on military spending or police violence.” – Alex Gladstein

Today we dive into the first part of another incredible exploration of the corruption and monetary manipulation engaged in by the IMF and World Bank, how they strip poor nations of their resources, and paint themselves altruistic for doing so. This is an in depth and incredible work that you will not want to miss.

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“It is easy to be conspicuously ‘compassionate’ if others are being forced to pay the cost.”
– Murray Rothbard
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