Why are the IMF and World Bank so controversial ?

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  • Опубликовано: 14 ноя 2024

Комментарии • 35

  • @Greggsberdard
    @Greggsberdard Год назад +84

    The explanations were truly remarkable! They greatly enhanced my understanding of the economy. I find myself wondering whether individuals who experienced the financial crisis in 2008 had a comparatively easier time than I am having presently. The recent performance of the stock market has filled me with significant apprehension, as I have incurred a loss of over $27,000 in just this month. Additionally, my income has diminished, exacerbating my concerns about whether I will have sufficient savings for retirement, given that I am unable to contribute to my savings at the moment.

  • @lindumenzidludlu2213
    @lindumenzidludlu2213 Год назад +20

    The IMF and World Bank have been around for over half a century now. If they really took countries out of debt, they’d have a stellar record and reputation by now. But they don’t. This isn’t surprising considering that all organisations are ultimately beholden to their funders and serve their interests.

    • @Yo_Kelz
      @Yo_Kelz Год назад +3

      They're Plutocratic by design, predatory by nature. Might be a different story if they actually audited the debtor countries tho.

  • @serbemanuela774
    @serbemanuela774 Год назад

    Amazing explanaitions! It made me understand economy much better!

  • @mustaphadaddah9406
    @mustaphadaddah9406 Год назад +1

    Thx, that is the truth. But what is the solution for poor countries now after they binded their hands?

    • @Work-ve4mj
      @Work-ve4mj 4 месяца назад

      iran mode

    • @robertwarner-ev7wp
      @robertwarner-ev7wp 2 месяца назад

      There’s no solution and there never was supposed to be one. They just need to do as they’re told and hand over their stuff. That’s how the mafia works.

  • @philoslother4602
    @philoslother4602 2 года назад +2

    I see, you have great editing skills, make videos about original stuff and you'd soon be paying your bills with just RUclips

  • @trevorzzealley2670
    @trevorzzealley2670 Год назад +1

    I comment on currency . I notice the words " In God we trust " I question which God ? If there`re winners and losers in money matters , that is a contradiction with Acts 10:34 that states " God is not partial " I myself believe God is not partial in matters of race , money matters , sex or health of people .

  • @Tman999
    @Tman999 Год назад +1

    Is it true the US and many other countries borrowed trillions from world bank or IMF?
    If it's true how do they print so much money all at the same time during the pandemics to so many countries?

  • @dnickaroo3574
    @dnickaroo3574 9 месяцев назад +3

    The IMF and World Bank extend from US-UK Banking, and are designed to transfer Wealth back to the Founders. African Nations have learnt the hard way, what IMF and World Bank stand for!

  • @davidevans6618
    @davidevans6618 Год назад

    Profit is a planned demolition.
    Picture a mouse app doesn't squash the mice ⌚

    • @Evangelionism
      @Evangelionism 5 месяцев назад

      🤡: "cApItAliSm HaS fAiLeD!"

  • @hpdpco6634
    @hpdpco6634 Год назад +2

    Just dont borrow money. Simple.

  • @ObadiahCorey-u7y
    @ObadiahCorey-u7y Месяц назад

    Lewis Gary Perez Dorothy Lewis Timothy

  • @bestguy9318
    @bestguy9318 4 месяца назад +2

    Just scrap these two .Let each country solve their problems through their own central banks' printing money.
    These two IMF and WB are debt-trapping institutions

    • @AveTrueToCaesar8212
      @AveTrueToCaesar8212 2 месяца назад

      The central banks are just as bad, let’s be honest.

  • @saidburhanuddin1679
    @saidburhanuddin1679 Год назад

    Migas come back
    Aku ngak mau ku dengar kata kata new World dia bilang untuk kepentingan prevailed interest interest the beaches dan israel political goal palestine dan iran part of this world city iran dan Palestina you get improve and fund and city indeks improve your city for your own

  • @rodacoram
    @rodacoram Год назад

    I automated this, if anyone is interested...

  • @PrashantMaurice
    @PrashantMaurice 2 года назад +2

    You have to give more evidences, this looks very qualitative

    • @ania7930
      @ania7930 2 года назад +1

      Yup, I need some sources for all this info.

    • @camilaindriago1076
      @camilaindriago1076 Год назад +7

      I think that it is because most of what he is saying is just factual, and in a narrative fashion. You can get sources from the WB's and IMF's official pages, revise on neorealist theory and criticisms of IO's as well as neoliberal agenda, and finally, he did mention a book and an author, but you can try Stiglitz, Susan Strange, Kofi Annan, and Dominique Strauss-Kahn. As well as revise case studies on Jamaica, Pakistan, Argentina and Sub-Saharan Africa in terms of SAPs.

    • @lindumenzidludlu2213
      @lindumenzidludlu2213 Год назад +1

      The IMF and World Bank have been around for over half a century now. If they really countries out of debt, they’d have a stellar record and reputation by now. But they don’t. This isn’t surprising considering that all organisations are ultimately beholden to their funders and serve their interests.

  • @GetLoYo
    @GetLoYo 9 месяцев назад

    vce politics anyone?

  • @ayatullah2936
    @ayatullah2936 Год назад

    Swollen thiefting my Mony=%? War