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More IMF "Economic Medicine" Is Not the Solution

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Uploaded by on Apr 3, 2009

The Centre for Research on Globalization presents Michel Chossudovsky: "More IMF 'Economic Medicine' Is Not the Solution"

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  • Thanks Dr. Chossudovsky

    We need to hear you voice

  • the IMF is responsible for the impoverishment of many developing countries. instead of destroying it, the G 20 countries have reinforced its powers. in the same way the US government is accelerating the sucking of taxpayers money to Wall Street well-offs, the IMF will accelerate its policy of impoverishment of developing countries.

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  • Wow so the solution to too much government power is giving the government even more power? How about instead, abolishing the Fed, stripping the powers from the federal legislators that allowed them to create this financial nightmare, and allowing the IMF and other supra-national entities to die a long-overdue death?

    Freedom is the solution, government is the problem.

  • Right Prof. Chussodovsky.... The Economic medicine is NOT A SOLUTION.. definitely!

  • IMF is raping Iceland

  • Nice video. Lets see if i get this right?

    The Gov. gives an reassurance that I and other citizens will cover these bailout money with my labour (taxmoney). Then they loan out the non existing money to dev. countries, hence taking the real decisive power from the population of this country, forcing privatisation of there resources and then the banks konsolidate these resources through the money the get back (with interest) from the loans.

    "One bank to rule them all, one bank to find them all.."

  • I wish this guy would have been my economics professor when I was getting all that garbage funneled into my head during my undergraduate studies.

    Thanks professor

  • Very well said, that was to-the-point! Thanx for a great video!

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