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What Caused the Great Depression?
The West lost a massive conveyor belt of resources that it was getting essentially for free or for very cheap. The 1960s kind of known as the official end of colonialism, right? And that's exactly when the bank and the funds shifted their attention to the third world. So in a way, my argument is that the Bank and Fund recreated the colonial drain dynamic, but without violence,. Instead they used debt as the weapon.