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Is IMF Loan a Trap: Why Countries are unhappy with IMF?

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Fastepo

Fastepo

Ай бұрын

Many countries have expressed significant concerns about the impact of IMF programs on their economies, citing various reasons including stringent austerity measures, social spending cuts, and adverse effects on growth and employment.

Пікірлер: 79
@peterchin6759
@peterchin6759 Ай бұрын
IMF, legalised loan shark
@aj9969
@aj9969 Ай бұрын
Egypt is facing a food crisis after taking an IMF loan and austerity measures.. People are literally starving..
@anyq_CS
@anyq_CS Ай бұрын
they have to export their agriculture products for cheap to the westerners. crazy, they took the most vital thing, food security.😮 very satanic
@HappyPandaBear73
@HappyPandaBear73 Ай бұрын
Don’t cry for me Argentina. Should have joined BRICS+ Nations but ooh, well Argentina - just stay with your Master, the u$a.
@davidwoon6402
@davidwoon6402 Ай бұрын
Thus, IMF and WB terms and conditions are considered to be "licensed loan sharks"! 😎
@derekbull7386
@derekbull7386 Ай бұрын
A trap for poorer countries!!!!!!
@haggai3.477
@haggai3.477 Ай бұрын
*VERY DANGEROUS*
@lewislane1143
@lewislane1143 Ай бұрын
Stop IMF trap.
@TeeSpells
@TeeSpells Ай бұрын
Look what they did to Kenya
@i.m.international8180
@i.m.international8180 Ай бұрын
They are also sucking the blood of the people of Sri Lanka.
@jameslewis1605
@jameslewis1605 Ай бұрын
Way to go BRICS.
@Decoy0527
@Decoy0527 Ай бұрын
Perhaps the ideal solution is for a small country heavily indebted to the IMF to make an arranged deal with BRICS. First, default on the IMF loan and then get new short term funding from the BRICS countries or BRICS bank. Like a construction loan to get a project started and then come to longer term agreement. A few of those transactions would propel the IMF off its current "my way or else" approach. For the past two decades, the IMF has done more harm than good.
@allahdinosamo7654
@allahdinosamo7654 Ай бұрын
Countries must cencil IMF debt because it has not improved fininacial conditions of countries globally .
@kartiniabubakar2699
@kartiniabubakar2699 Ай бұрын
Indonesia lost timur timur because of the Imf loan?!It is a political tool used and abused by The Western nations to enslaved weaker nations in their Neo Colonialism rule.
@user-yd6sj3pe4j
@user-yd6sj3pe4j Ай бұрын
South East Asia needs stable economy. not sanctions or war BRICS is right platform for moving forward . BRICS policy is communication & cooperation not distraction
@DadyTomorrow-qi9bo
@DadyTomorrow-qi9bo Ай бұрын
Japan stoped buying USA bonds.
@jonathanfriedlander8563
@jonathanfriedlander8563 Ай бұрын
GO BRICS !!
@user-me3ug7xs2b
@user-me3ug7xs2b Ай бұрын
Exactly 😢
@elyon9329
@elyon9329 Ай бұрын
The Pope is the Head of all of this craziness. Just read their Papal Bulls!
@kathychan1490
@kathychan1490 Ай бұрын
Thanks!
@roeteroestof3896
@roeteroestof3896 Ай бұрын
👍🙏
@h2opower
@h2opower Ай бұрын
At which point in time are you going to talk about BRICS and what they are doing differently, in a second follow up video?
@prabhakar0076
@prabhakar0076 Ай бұрын
Digital RUPAY search on it
@MariahGessinger
@MariahGessinger Ай бұрын
Lets go BRICS
@kkhalifah1019
@kkhalifah1019 Ай бұрын
As far as the West is concerned, the term 'debt trap' only applies to Chinese assistance. That's the 'rules-based world order' for you -- rules for thee, not for me.
@proveritate9312
@proveritate9312 Ай бұрын
A country is like a person that lives above his means. So, they borrow money from a bank. Any country that borrow money from the IMF indicates that the government is doing something wrong. My mother use to say : if you don't have wings, you can't fly. Capish !
@samantheherath1761
@samantheherath1761 Ай бұрын
What's the alternative when a country with loads of foreign loans installment & interest to pay? Fiscal discipline, economics restructuring bad ?? Who gives free money with no strings attached to address things mentioned ???
@user-me3ug7xs2b
@user-me3ug7xs2b Ай бұрын
It's to easy for a one person president to give away the WORLD'S Wealth for Billions of Dollar LOANS 😮😢😢
@thorengebretsen3738
@thorengebretsen3738 Ай бұрын
Every. Single. Time. ✡️ But, what did they do with the gold deposits?!
@crocoman5644
@crocoman5644 Ай бұрын
Trap and scam
@thorengebretsen3738
@thorengebretsen3738 Ай бұрын
Unless participating countries can get their gold deposits back, they should just refute the ‘debt’ and walk away. Chavez demanded the return of Venezuela’s gold reserves, so they killed him
@sandponics
@sandponics Ай бұрын
What about climate change? Wouldn't it be strange if we fixed all of the global economic problems, only to die of heat stroke?
@Vajrabodhi37
@Vajrabodhi37 Ай бұрын
🎉🍾 🎉 Karma Sherab Dorje
@user-qb6gu4bk9lBiafra
@user-qb6gu4bk9lBiafra Ай бұрын
Oh is that the reason why Argentina 🇦🇷 exit from BRICS? they have fallen on the trap.
@user-kb3jh2gl5d
@user-kb3jh2gl5d Ай бұрын
Go Bricks .. do you think it terminal solution????
@johnhess1714
@johnhess1714 Ай бұрын
Outright loan shark
@fatimaq8829
@fatimaq8829 Ай бұрын
If they don't acet now let them leave 😤
@igorglavan7358
@igorglavan7358 Ай бұрын
BRICS 👌🍀🍀🍀🍀
@drattler1946
@drattler1946 Ай бұрын
So what about Chinas 6Bil loan to Kenya Why not talk about that?/
@MonsterHummerH3-zx1no
@MonsterHummerH3-zx1no Ай бұрын
Haha!😆😆😆😆😆
@devanand4857
@devanand4857 Ай бұрын
IMF loan ok but loan in gold or another commodity... without doller...
@user-vy2se7yu2r
@user-vy2se7yu2r Ай бұрын
😂
@masud6854
@masud6854 Ай бұрын
Depression lead to ww1 not ww2
@paulimmelman9935
@paulimmelman9935 Ай бұрын
Wrong, the depression hit in the 1930’s after the Wall Street crash in 1929
@hilwaamanamankiyar-pp5bf
@hilwaamanamankiyar-pp5bf Ай бұрын
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