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BTC107: The Real Impact of the IMF and World Bank w/ Alex Gladstein and Sam Callahan (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
What Is the Impact of the World Bank Loans on Agriculture?
Africa imports almost all the food that it eats, which is insane. The World Bank loans would basically incentivize farmers to leave from growing and refocus them on exports. Things like shrimp, fish are not to be eaten by the locals, but are to be exported to wealthy countries. So the agricultural capacity is changed to benefit others around the world; those countries now have to import food.
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