You missed the part where the IMF dictates to the government in debt and in need of debt restructuring what are the 'correct commitments' it needs to have in order to obtain the IMF loans.
@cleanhit7774 жыл бұрын
You're going to be very busy soon aren't you, with most of the developed world knocking on your door, oh but you anticipated this didn't you and laid on extra staff. I really appreciate this information, well presented and easy to follow for anyone who took this diversion through the rabbit hole, bravo!
@alpinismutilitar38864 жыл бұрын
History of debt - Jubilee !!! Each country has the real possibility to create sovereign currency only that the states participating in the economic game do not want a country to issue sovereign currency that can endanger other alliances already formed.
@jankohrasko34 жыл бұрын
Lol. "Sovereign Debt Restructuring". This must be where IMF gets to keep its debt and countries regain their sovereignty.
@eddylwanga63324 жыл бұрын
The key players in Governments negotiate in their personal interests....
@juanluisalmonte83944 жыл бұрын
See the biggest problem is that you lend out loans to countries but then dont hold them accountable, in that the loans get used to finance the social programs that the loans were destined to for. Because what ends up happening is that a large portion of those loans endup in the bank accounts of gov. officials and not into the public welfare crisis the loans seek to address. Do that and I'm sure the loans will get paid back because if it were truely invested in creating human capital, then wealth and prosperity can follow such a situation.
@KemarABROWN-qw3vf4 жыл бұрын
Where does the IMF gets all these money to lend out? It simple, each county just keep printing their own money.
@TheSkyballs4 жыл бұрын
there's also the problem that citizens aren't individually responsible for national debt, putting social controls on repayments is voluntary but they use emotional distress to make the people pay it.
@craigmalcom62943 жыл бұрын
and yet they suffer the consequences of an irresponsible goverment, but hey what can we do?
@TheSkyballs3 жыл бұрын
@@craigmalcom6294 learn the law👍🌠👨🏫
@KemarABROWN-qw3vf4 жыл бұрын
Barrow debt to pay for debt I wonder why they never stop borrowing because all they borrow is debt
@ngchongsin20094 жыл бұрын
if this happen, will USD become of no value?
@nesredinmohammed52333 жыл бұрын
What the criteria IMF lend money to the governments
@aliensatemybabysitter11384 жыл бұрын
Peter Schiff, Ray Dalio, George Gammon, Raoul Pal,Brent Johnson,Russell Napier and many more Do NOT approve this message.
@charakaamayantha_ca97842 жыл бұрын
IMF is doing such a great purpose for countries which suffer financially
@kimberleykhumalo7112 Жыл бұрын
you are mad wena
@Mikeychance2 жыл бұрын
Hahahahahaha the first line
@mikedemasi51372 жыл бұрын
Governments have another option. Adopt bitcoin
@derejebiru40752 жыл бұрын
Your back ground music is disturbing. Get rid of it.