Read_684 - How the IMF and World Bank Repress Poor Countries, Part 2 [Alex Gladstein]

December 15, 2022 01:02:39
Read_684 - How the IMF and World Bank Repress Poor Countries, Part 2 [Alex Gladstein]
Bitcoin Audible
Read_684 - How the IMF and World Bank Repress Poor Countries, Part 2 [Alex Gladstein]

Dec 15 2022 | 01:02:39

/

Hosted By

Guy Swann

Show Notes

"To give an example of what this might look like in a given year, in 2012 developing countries received $1.3 trillion, including all income, aid and investment. But that same year, more than $3.3 trillion flowed out. In other words, according to anthropologist Jason Hickel, “developing countries sent $2 trillion more to the rest of the world than they received.” When all the flows were added up from 1960 to 2017, a grim truth emerged: $62 trillion was drained out of the developing world" - Alex Gladstein Today we continue through Gladstein's incredible exploration of the monetary damage and systems of monetary colonialism established through the parasitic practices of the IMF and World Bank. I promise its worse than you think it is, and at the end of this episode we will only be about halfway through it. Hold onto your butts, this gets crazy. Listen to Part 1 if you haven't yet, as we are jumping right into the middle of this read in today's show. Also I edited and fixed the missing Guy's Take from yesterday's show, so if you haven't, it might be a good addition to go back and revisit: https://fountain.fm/episode/11987932208 Mentioned in the show for further exploring how our monetary practices strip the US of its manufacturing & productive base, here is Farrington's "Capital Strip Mine": https://fountain.fm/episode/1798299217 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (https://guyswann.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) -------------------------------------- “It's easier to fool people than to convince them that they have been fooled.” ― Mark Twain Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

April 21, 2022 00:48:09
Episode Cover

Read_620 - Reading of the Transcription of the Recording of the HODL vs DeaterBob "Debate" [Stephen Chow]

"You’re a thirsty bitch. You like to gargle Peter’s balls." - DeaterBob This is happening and there is nothing I can do about it...

Listen

Episode

July 24, 2025 02:05:00
Episode Cover

Chat_138 - Bitcoin Needs More Civil Wars with Super Testnet

"You can delete your Lightning transactions.So unlike a blockchain, a blockchain's an append-only database and every transaction that gets stored in a blockchain is...

Listen

Episode

March 06, 2020 00:58:28
Episode Cover

GuysTake_027 - Corona Virus... Bitcoin Fixes This

1 • Why has the Corona Virus been upgraded from a significant healthcare problem, to a global economic catastrophe? 2 • What would be...

Listen