#406: Debt-Based Colonialism and Structural Adjustment with Alex Gladstein
TFTC: A Bitcoin Podcast
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What's the Worst Case in Air, the IMF and the World Bank?
I don't believe that credit borrowed by dictators should have to be paid back. And what's the worst case in air, the IMF and the World Bank go under? It's like, who? Well, the Western banks have a crisis. So whenever a bailout happens, it's not to help the local people. They're just going to get hurt. I mean, if you look at this chart of global South or developing country debt, it is unbelievable how it just looks like a parabola.
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