5min chapter

The "What is Money?" Show cover image

How the IMF and World Bank Repress the Poor with Alex Gladstein (WiM263)

The "What is Money?" Show

CHAPTER

The IMF and World Bank's Lending History

The IMF's lending power stands at about a trillion dollars. The World Bank has more than $300 billion of loans scattered around the world. Poor countries in Europe relatively speaking failing and then getting bailed out. And when you look at individual countries what you see is that again their debt trap is inescapable.

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