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6min chapter
How the IMF and World Bank Repress the Poor with Alex Gladstein (WiM263)
The "What is Money?" Show
Is the Ponzi System a Ponzi?
In 2015, the drain was 10.1 billion tons of raw materials and 182 million person years of labor. That was 50% of all goods and 28% of all labor used by high income countries that year. What would we be without half of the goods and a third of the labor? The system is designed in a way where there's no incentive for reform.
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