Today I Learned@lemmy.worldEnglish · 5 months ago

TIL: How The IMF and World Bank Debt Trap Countries and Force them into Austerity

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TIL: How The IMF and World Bank Debt Trap Countries and Force them into Austerity

medium.com

theHRguy@lemmy.world to

Today I Learned@lemmy.worldEnglish · 5 months ago

How The IMF and World Bank Debt Trap Countries and Force them into Austerity

medium.com

The International Monetary Fund (IMF) and World Bank have long been criticized for their predatory lending practices that entrap developing…

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5 months ago
Highly recommend the book Confessions of an Economic Hit Man.

Should be required reading in all the rich countries that give these loans to poor countries.

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