
SLP446 Alex Gladstein The Scourge of “Structural Adjustment”
Stephan Livera Podcast
00:00
The Legacy of the IMF and World Bank
I think what happens is the countries get stuck in this debt trap, and then they just don't have a way out. And what it takes is to really go independent from that. But there's resistance even inside the country, because some people inside the country are benefiting from that system. So I think as we transition to a Bitcoin standard over the next few decades, like probably have an unwinding of these institutions. They'll have to either refocus or just be abolished. That's not going to be pretty.
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