IN THIS EPISODE, YOU’LL LEARN:
- 05:50 - So what is the intended mission of these organizations (IMF and World Bank)?
- 25:16 - What is Structural Adjustment and why is the impact misunderstood?
- 30:17 - The story of Shrimp in Bangladesh and how it helps listeners understand Structural Adjustment.
- 40:25 - How and why countries that take on IMF loans are more likely to take on even more debt in the future.
- 44:55 - How poor countries are in essence subsidizing the abundance of rich countries while destroying their ability to be self-sufficient.
- 55:30 - Why the IMF and World Bank never found a dictator that they didn't like.
- 01:22:27 - How countries that have taken the most loans are also the countries that have the highest concentration of Bitcoiners.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Alex Gladstein's article: Structural Adjustment: How the IMF and World Bank Repress Poor Countries and Funnel Their Resources To Rich Ones.
- Alex's organization, the Human Rights Foundation.
- Alex Gladstein's Twitter.
- Sam Callahan's Twitter.
- Sam Callahan's company, Swan Bitcoin.
- Related Episode: Central Bank Digital Currencies Vs Bitcoin w/ Sam Callahan - BTC097.
- Related Episode: How Fiat Blinds Bitcoin's Importance w/ Alex Gladstein - BTC071.
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