SLP446 Alex Gladstein The Scourge of “Structural Adjustment”
Stephan Livera Podcast
00:00
Ghana Is Not a Prince the Reserve Currency, Right?
Africa imports 85% of its food. A huge percentage of their product productivity as a nation is going to pay off debt and interest. And then with whatever's left over, you know, these countries were usually ruled by dictators or unaccountable rulers. So the productive energy of the country would be diverted from feeding itself into making stuff for us. The World Bank and IMF are forced to divert energies towards making other stuff that we wanted.
Play episode from 36:11
Transcript
