Episode March 20, 2023 1 hr 21 min

#406: Debt-Based Colonialism and Structural Adjustment with Alex Gladstein

Join Marty as he sits down with Alex Gladstein to discuss how the IMF and World Bank harness debt to funnel resources from poor nations to rich ones.

Alex's article on Bitcoin Magazine: https://bitcoinmagazine.com/culture/imf-world-bank-repress-poor-countries

Alex's Essays: https://alexgladstein.com/

Alex Gladstein at HRF: https://hrf.org/team/alex-gladstein/

5:26 - In town for SXSW talking about CFA franc
10:06 - Colonial exploitation
17:21 - Transfer of control of energy
19:51 - Outsourcing the cost
28:24 - The unrecorded losses
36:38 - Structural Adjustment
42:36 - What it could look like without the current system
49:32 - Double standard
52:51 - Bitcoin fixes this
1:01:13 - No political solution
1:04:16 - Odious debt
1:10:10 - Biological effect of wage deflation
1:12:30 - Bitcoin fixes this - again
1:20:00 - Wrapping up

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