this post was submitted on 14 Jul 2023
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GenZedong

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On lemmy.world someone was clamoring about China and their 'conditional loans'

I invite you all to read this magnificent book about how the IMF creates debt traps for developing countries in order for capitalists to privatize resources and prevent countries from having any semblances of democracy.

Confessions of an economic hitman

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[–] bennieandthez@lemmygrad.ml 4 points 2 years ago

Agree, already a couple of chapters in. It's also a good book to recommend people not invested in theory.