

Global debt is unpayable: How Wall Street traps poor countries, profiting rich ones
47 snips Oct 10, 2023
Journalist and analyst Ben Norton discusses the deeply unequal international financial system, the oppressive policies trapping poor countries in unpayable debt, the exploitative practices of vulture funds, the burden of global debt on developing countries, the use of financial institutions as political weapons, and the urgent need for international financial system reforms.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 3min
Unpayable Debt in Poor Countries and the Need for Systemic Changes
03:27 • 11min
The Exploitative Practices of Vulture Funds and Debt Profiteering
14:29 • 3min
The Burden of Global Debt and Its Impact on Developing Countries
17:13 • 10min
The Use of Financial Institutions as Political Weapons and the Search for Alternatives
27:38 • 3min
The Problem of Unpayable Global Debt
30:45 • 29min