4 ms·
Pretty much all of this. And I'd add that we not forget about sovereign debt, which is another lever for exploiting poor nations (think World Bank and IMF). So,
by unclebucknasty 9y ago
Pretty much all of this. And I'd add that we not forget about sovereign debt, which is another lever for exploiting poor nations (think World Bank and IMF). So, we're not just pumping wealth into poor nations to extract more wealth; we're billing them for the privilege. That is, we're really pumping debt into these countries.
It's a racket. And it is not a flaw in the machinations of the free market; it is the definition of our current free market.