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> However, IMF is wrong more than it is right. Just look at the recipes they have for countries in financial trouble and they tend to make things worse almost e
by cassianoleal 3y ago
> However, IMF is wrong more than it is right. Just look at the recipes they have for countries in financial trouble and they tend to make things worse almost every single time in long term.
As someone who grew up in Latin America in the 80s and 90s: amen!
My country is still picking up the pieces, and some of the damage will persist for a very long time, especially in the areas of health and education - which means even if it does get fixed, the effects will reverberate for at least another generation or two.