IMF Pushes World’s Poorest Countries into “Starvation Diet” as Debt Burdens Spiral
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morry040, What's a bigger problem than the IMF? Corruption.
The article itself links to another Oxfam report that details how correctly taxing the wealthy in these poorer countries would provide all of the critical social services that these regions are lacking.
https://policy-practice.oxfam.org/resources/the-middle-east-and-north-africa-gap-prosperity-for-the-rich-austerity-for-the-621549/
kux, ![]()
disaster capitalists at it again
zerfuffle, Austerity measures don’t work.
neptune, They force sell offs to western investors.
interolivary, ![]()
Oh they work, but not the way the public is told they work.
Conservatives use austerity measures to get more support for the right wing, especially extremist parties. They know that increasing inequality drives people to vote for the right.
zerfuffle, Why would conservatives care about the right in poor African countries?
KevinDeRodeTovenaar, The IMF is the modern replacement for colonialism
zerfuffle, The IMF is colonialism. Who do you think the largest contributors to the IMF are?
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