HOW THE IMF KEEPS AFRICANS POOR

5 months ago
3

Financial rights activist Alex Gladstein breaks down how the IMF works in Africa.

Using the example of Zaire, now known as DRC Congo, he explains how they appoint their own officials to control African treasuries, then proceed to create export-led economies, weaken local currencies and cut deals with dictators.

Most importantly, they make sure that there is nothing left over for the African people whose land is being exploited for Western consumption. Basically, they deny our people education, healthcare, basic human rights and a decent quality of life to satisfy their own neocolonial interests.

When will this cycle of economic interference stop?

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