Comments by "Frostie-Flake" (@PlanetFrosty) on "How the IMF \u0026 World Bank Exploit Poor Countries with Alex Gladstein" video.

  1. ❤ Alex Gladstein is very much a great guy, but I think the World Bank and IMF are not intentional, but more lack of unique innovation support and property rights. They represent a Globalist view gone wrong and failed to develop from the ground up economic opportunity. That’s not to say damage caused should be obvious. The focus on mono culture large scale change causes great harm. Freedom and property rights should be the focus. This direction rather than upending a countries societal norms, small business opportunity and national identity. Incomplete modernization assistance and multinationals not held to account created imbalanced economic direction. Venturing into personal freedom and property rights should have been key reform focus. “Decolonization” and “extracting resources” has more to do with WB and IMF using existing economic structure of multinationals. Then not seriously creating an 😮indigenous economic base on property rights and freedom destroyed them.They were turning them into ideal opportunity for tyrants. I think the IMF and WB reflects the UN’s slide into the abyss of gifting totalitarians. Rewarding tyrants that raped their own country’s resources. Neither did the economic powers use these institutions to foster sound economic growth and opportunity. Gladstein embraces Marxism on the Great Depression which largely wasn’t. It was manufactured out of rise of corporatists and poor control of monopoly and growth of the multinational unchecked and unaccountable. The Soviets function much the same as a multinational extracting wealth. They depended on it. Ultimately, WB and IMF do not foster real or exponential economic growth because they ignore fundamental property rights.
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  2. The problem is loaning money to Authoritarians — some shrimp farming or other aquaculture etc with money to locals can help. ORDINALS with property rights given to people would do what bitcoin does. Paid in bitcoin or something stable. IMF needs to promote these concept and property rights. I’m trying to get this done.
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  3. Now, US GDP has moved from $22 Trillion to $24T to now $26T
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