Geopolitical Economy Report Debt is political: Why wealth flows from poor to rich
16 snips
Aug 5, 2024 
Radhika Desai, a political economist focused on debt politics, joins Michael Hudson, a financial systems expert, to unpack how wealth flows from the poor to the rich. They delve into the political dynamics of debt, especially during conflict, and explore the IMF's role in failing nations like Ukraine. The conversation highlights historical roots of war debts and the concept of financial colonialism in Latin America, emphasizing the need for new approaches to debt management that prioritize national sovereignty and equitable solutions.
Chapters
Transcript
Episode notes
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Intro
00:00 • 2min
The Political Dynamics of Debt: War, Finance, and Inequality
02:21 • 3min
Navigating Ukraine's Debt Crisis
05:01 • 13min
The Historical Roots of War Debts and Their Economic Impact
18:04 • 2min
The Origins and Implications of Financial Colonialism in Latin America
20:31 • 4min
Debt Dynamics in Latin America
24:31 • 30min
Economic Policy and the Debt Crisis in Developing Nations
54:28 • 3min
The IMF's Role in Global Debt Dynamics
57:33 • 14min