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BTC107: The Real Impact of the IMF and World Bank w/ Alex Gladstein and Sam Callahan (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Is There a Ponzi Bubble?
Since 1970, the external debt of developing countries has increased from 46 billion for all of them combined in 70 to 8.7 trillion. So they paid $4.2 trillion on interest payments to loan. Each year more than- at this point by today, more than each year, more than $2 trillion comes back to us. When you add it up all of the flow of resources from poor countries to rich countries from 1960 to 2017, it's $62 trillion. That's 620 Marshall Plans.
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