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You need to realize that a lot of this is pushed on developing nations through the IMF and other organizations that force countries to sign extremely poor deals
by azemetre 5y ago
You need to realize that a lot of this is pushed on developing nations through the IMF and other organizations that force countries to sign extremely poor deals out of desperation.
How exactly do you expect a country to stop stronger countries when they have a weak government, military, social services, and treasury?
You can read a cursory of these issues here:
https://en.wikipedia.org/wiki/International_Monetary_Fund#Criticisms https://en.wikipedia.org/wiki/International_Monetary_Fund#Cr...
FWIW China is doing the same thing as the IMF through its belt and road initiative, that doesn't make it right either.
- sacrosancty 5y agoOK, didn't know it was the IMF's fault.