The Great Simplification with Nate Hagens cover image

Alex Gladstein: "Debt Colonialism, The Petrodollar, and Bitcoin"

The Great Simplification with Nate Hagens

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The Relationship Between Western Powers and the Global South

The relationship between Western powers and the developing world has been somewhat similar for hundreds of years. The French used to have straight up imperialism of a massive amount of global south, including a huge chunk of Africa. But now it's more of a financial repression story. There are unique and specific instances of what I would refer to as monetary colonialism that are good examples of this.

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