#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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