this one is an oc
Austerity may be painful in the short-run, but it is necessary to resolve this economic crisis. Except when the crisis happens in the US or EU, the government will bailout the economy.
No, Greece, Portugal and Spain don’t count as a real EU member when it matters. Bailouts are for core members only!!
There was also an argument used that the IMF had to impose measures, because the peoples of those countries can’t govern themselves. So they must be ruled by a competent non-corrupt foreign entity.
IMF funding comes with chains attached
Offer not valid in the continental United States. Conditions and exclusions may apply.
“Strings attached” is a bit of an understatement when it comes to IMF funding.
The IMF is one of the most evil institutions on the planet. Invisible colonialism. It would be near impossible to calculate the lives it has destroyed.
