An institution Jiang says changes indebted countries' governments and policies to conform to the game, especially through privatization.
Topic brief
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IMF
An institution Jiang says changes indebted countries' governments and policies to conform to the game, especially through privatization.
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Key Notes
Jiang says a global financial order constructs the game people play, with the Bank for International Settlements, the World Bank, IMF, and central banks forming the top-down financial architecture.
Jiang says the World Bank and IMF spread the game by first lending to poor countries and then forcing policy conformity, especially privatization, when debt becomes unpayable.
Timestamped Evidence
"...bank of central banks below them is the World Bank the IMF International Monetary Fund which controls the rules of the global financial order..."
"central banks okay so the Federal Reserve in the United States the Bank of the People's Bank of China in China okay the Bank..."
"...are called the world bank and the national monetary fund the imf okay so um i'm so for the"
"...pay off the money right so then what happens is the IMF comes in and changes your government and its economic policies to make..."
"...the land okay so the goal of the World Bank and IMF is to spread the game throughout the world all right okay then..."
"...in the rest of the world i'm just back from the imf and the world bank spring meetings like many of you and you..."
Relevant Lectures And Readings
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