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BTC181: The US's Economic Hitman w/ John Perkins
We Study Billionaires - The Investor’s Podcast Network
IMF as a backstop for Western lenders in loan restructuring
The IMF acts as a backstop for Western lenders in the restructuring of loans to developing countries. This enables Western lenders to feel secure about their loans by ensuring that they are always repaid in full. By restructuring loans and making sure that Western lenders are protected, countries can continue borrowing and remain in debt.
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