Is the IMF Impoverishing Poor Countries?

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[@shaultzur8646]

The IMF failed to approve the loan for the rest of this video… 🤣

[@sebastiangutierrez84]

VisualEconomiks defaulted, and the IMF cut the video 😂

[@zrnov1934]

The video cuts off too early

[@michaelmayhem350]

The IMF got to them before they could finish uploading it

[@Mafiakitty]

5/6 into the video: "In this video, we'll tell you all about it". 😆

[@Random17Game]

The intern uploded the draft version of the video ahahah

[@mikitz]

They probably just forgot how to finish a video.

[@Merle1987]

Never seen a KZbinr upload an incomplete video before.

[@LAinLA86]

Shockingly its still up

[@areasevenpro]

A Greek Corporation You have two cows borrowed from French and German banks. You eat both of them. The banks call to collect their milk, but you cannot deliver, so you call the IMF. The IMF loans you two cows. You eat both of them. The banks and the IMF call to collect their cows and milk. You are out getting a haircut.

[@Anti-socialSocialClub]

The 2nd half of this video was critical of the IMF...it mysteriously disappeared - Elon Musk & Snoop Dogg

[@Kevin-fq3zh]

when you have to ask the IMF for help means you have completely mismanaged your economy. you should be looking at yourself instead of pushing blame.

[@eduwino151]

Going to the IMF means you have screwed up so badly even China is not giving you loans

[@dorianodet8064]

Exactly ! Boo boo, IMF force us to make tough decision. They don't force you to do anything, just they kindly give you money in exchange for structural change. Don't want to do the change ? Don't take the money.

[@FallenLegend]

Correct, but IMF passes the image, using your own words, of being good managers of economy, so you failed, you request money for experts and if results don't appear, you are right to blame!

[@dorianodet8064]

@@FallenLegend Said result won't happen overnight. And everytime it's always the same : Economy is failing. Governement is using debt and subsidies to keep people lifestyle higher until it blow up in unsustainable debt. IMF ask the governement to stop taking on debt, to stop unsustainable subsidies and to fix the economy. Of course there is a 5-10 years period where this will be hard, but this would've been hard without the IMF when the country goes bankrupt and can't borrow anymore money anyways

[@FallenLegend]

@@dorianodet8064Maybe... I don't know if you are saying becasue you know of a situation or example, or u think you know, based on your point of perspective. Remember that we live in an age of misinformation. What i do know, I'm portuguese and Portugal requested help to IMF. IMF refused to give money to Portugal so the goverment pays its debts to private, small and medium service providers to the state. Those companies went bankrupt and cripled the economy. Not the key point, but an obvious point i can say so i pass this view. Also, when the goverment recieved the program of IMF on what to do, several people complained that what IMF wasnt tested or showcased proof or evidence that if actions went throught, results appeared. Portugal was in some cases, a guinea pig for a macroeconomics lab...

[@zachreederau2531]

feels like the upload was broken? it’s cuts off very suddenly…

[@mikitz]

The rule of thumb is: If you can't secure a loan from your local mob boss, only then contact the IMF.

[@riesjart1000]

Where is the rest of the video?

[@marilynlucero9363]

Got hungry, my apologies.

[@bobthegoat7090]

It is collateral for a loan from the IMF

[@IndicaPrincess]

I think you guys forgot to add the 2nd half lol cuts off in the middle lol

[@ivanhartley4378]

why did the video suddenly cut?

[@akmalhafiz8763]

The interest rates is one of the key issues here.

[@stivenstivens]

Where is the rest of video ?

[@sirshauniv511]

It's far too easy to sensationalise when things go wrong and ignore when things go right. The Bretton Woods institutions get too much of a bad rap these days.

[@paulie-g]

IMF's bad reputation is well-deserved. Shock therapy is a terrible economic idea that has failed everywhere it has been tried. It destroys a large chunk of complex, high value added productive economic activity, usually permanently. Without that, no country has a chance to compete in the global markets and grow, so they end up as a permanent basket case. Many decades ago one could argue, however weakly, that the IMF didn't understand the full extent of what they were doing. This is no longer tenable. The fact is, while the IMF itself is not there to turn a profit, they do turn a massive profit for the countries controlling its policies, just in a different place. That high added value production, guess where it goes? The internal markets that were cleared of local competition in this way are forced open and US companies (or companies US benefits from through private equity funds etc) take their place. Th IMF's "successes", such as South Korea, are not really their successes - South Korea benefited from the US using them to dump semiconductor manufacturing they ripped out of Japan, in a previous round of "tank the economy that threatens to overtake us" that they're currently attempting with China. S. Korea does deserve credit for being competent and taking advantage of the situation, but it's certainly far from a success story for the IMF.

[@yoelliberanome920]

Why the videos stops? Is the full version on payment?

[@kaushiks8288]

Short answer - yes Long answer- it's complicated

[@xiquitacuringa]

Did IMF block the video?

[@zulfiqarawan3407]

IMF has cut funding of visualEconomik. So more video Budget

[@dylreesYT]

This video had a sudden cut off. Did the wrong version get uploaded?

[@shaultzur8646]

Be fiscally responsible and you will never have to borrow money from the IMF.

[@AM-gf7zv]

One month later, the video is still abruptly cut.

[@adrianoklein2784]

Need the rest of the video.

[@MichaelWilliamz]

Super interesting topic.

[@orangeboy8597]

Pay your debts

[@zukritzeln]

The IMF was designed to support and develop the global economy after WWII when most of the world's nations had gone bust. Unfortunately, nowadays it has become more hindrance than help by preventing the natural economic and social revolutions that see countries turn themselves around.

[@blitzaxis]

Hahaha imf controls youtube.. omg 😂

[@reddixiecrat]

Is AI editing your videos now? Your video cut short

[@WojtekGronwald]

What's up with the ending lol

[@clmdcc]

Having a big bad is good for any story, but it is equally likely that economies going down kept going down, and that stoping short term mitigations like keeping around zombie companies around will hurt.

[@user-hf7qw6ym2p]

This video seems cut

[@jsandppr]

Seems like you gave up making this video half way through

[@Viviko]

Video incomplete…

[@johnyramos8527]

If those countries needed the help of the IMF it means their political class have no accountability so : they are very good at miss managing, they have very poor credit ratings, very likely to default because they have no one to answer to after their mandate is finished and the reforms the FMI demands limits how much they can drain out from the economy

[@ashleyrodd8729]

What just happened?

[@TomekSw]

HALF OF THE VIDEO ONLY??????!!!!???

[@AR-bh3mn]

This is the western Dept trap! 😂

[@dextrovix3057]

A great disast-.....

[@adriangospodaru9733]

Yes it does

[@marinemarcusbradley]

I was about to be impressed if ya'll could "tell us all about it" in a minute and a half. Nope - cuts off mid-sentence lol.

[@egg174]

Nah

[@silvius.7680]

Before watching the video, I'd like to answer the question in the title: YES!

[@user-cc7yv9xl2i]

IMF might be the bad guys, but compared to Kirchner and the peronistas, they're the good guys.

[@Xiison99]

Wha? Incomplete!

[@TheBKnight3]

Incomplete video

[@marilynlucero9363]

So it was a complete disas- Fair enough, it can al- But no worries, fun v- I wish everyone to have a lov-

[@mcotton3077]

When you suddenly have to leave because it’s Easter🐣

[@SathyaswamyS]

As a proud Indian, we love and worship the US.

[@SathyaswamyS]

@@OLAUUBER Bhakt spotted

[@curtisw0234]

it's politically convenient for politicians to blame an organization like the IMF for their own failures

[@user-lz5dz1qx2q]

The video begins 5:15

[@Armin.2627]

Only 83 comments?

[@bigmekboy175]

Incomplete comments for an incomplete video. I think we're all expecting this video to be replaced by the real video soon.

[@jhance11]

If you don't want to pay it back, don't borrow it. Pretty simple.

[@kwanlinus6999]

Is this April Fools, or did IMF cut funding to the making if this video?

[@jaythefox]

IMF altruistic? Seems a bit of a stretch. At least in part it's a geopolitical tool of the west, let's not kid ourselves.

[@huckleberryfinn6578]

It is indeed. But! Just play by the west playbook, and you can become wealthy, or stay poor and try to challenge the west.

[@pradeepmagan6951]

The IMF , World Bank etc should all be abolished and each country should stand on its own feet

[@Xamufam]

Nothing is free, the countries that have problem need major reforms

[@suciusebastian]

King Michael of Romania: Tomorrow's world can not exist without morals, without faith and memory. Cynicism, narrow interests and cowardice must not occupy our lives. We have a chance in the future only if we take our own responsibility. Not anyone else come to give us good.

[@bigmike9128]

Short video

[@danmcnerney7886]

All the road hell.

[@apache16789]

If poor countries do not want to borrow money from the IMF and then pay it back following the agreement they signed to get the loan, then do not borrow money from the IMF in the first place. Live within your means and do not try to emulate the developed countries if you are a poor, underdeveloped country. Just like sensible folks in developed countries do not take out large bank loans they cannot afford to repay to buy luxury goods so they can keep up with the Jones next door.

[@jaytanatswamuzhingi971]

You actually have it wrong. One if the reasons why deveped countries are so developed is their ability to get large amounts of debts to finance development. In the us debt to gdp is 120%. Whereas a poor country struggling to develop and requiring bailout like Pakistan is 77%. Developed countries are definitely not living within their means. They are just not being bothered by the debt collector.

[@romkoppel5302]

HAHAHAHAHAHAHAHAHAHAH 6:45

[@peterpanini96]

It actually happens... but yeah their fault for being stupid...

[@PLuMUK54]

Interesting. Using the video to demonstrate how the IMF negatively impacts a country. Default, and you get cut off mid-sentence... Now, Visual Economic community, it's over to you... 🙃

[@eaphantom9214]

Uncle Sam thumbnail says a lot before I even clicked on this An insidious scheme and potential trap, but not out of the question 😒

[@ramiroaka9]

Fanarihoții

[@BoringopinionLMP]

IMF was in Romania and surprise it worked for good

[@john_p_123]

Then don’t take the money? Stfu

[@Fallout76Volkswagen76]

💔💯🛸

[@davidlee8303]

This video is a complete disaster

[@JamesSmith-uw4nx]

The US's own debt trap diplomacy, but they accuse China of the same thing. The hypocrisy 🤣🤣

[@user-rk3vw3pk4w]

Chinese debt is way worse that’s why they accuse China

[@nesseihtgnay9419]

Just because the US is the most powerful country in the world and the richest, and the most influential country in the world doesnt mean its at fault automatically.

[@walterjurewicz1567]

So developing countries are borrowing money from the IMF on their own free will and then complaining about the terms of the loan. That's like someone with a gambling problem blaming casinos for being broke.

[@nicbahtin4774]

hay man im fine with the IMF stop giving out loans and just let countries go bankrupt. im fine in letting the consequences of people and governments bad choices to catch up with themselves.

[@sigor2011]

Where is the rest of the video?