Video: IMF and World Bank: Imperialism through DEBT // Collab with Mexie
Today Mexie and I are discussing the absolute horrific practices of the International Monetary Fund (IMF) and the World Bank. Although European imperialism was technically eradicated, former colonies were never really free. Instead, a new form of colonialism reappeared, using debt as its weapon. The United States, along with other imperial nations, maintain their domination over developing countries, exploiting their labor, their land and their natural resources. And they do it using corrupt institutions like the IMF, the World Bank, and the WTO.