#thirdworlddebt - Twitter Hashtag

about 2 years ago

The most #EVIL Organisations in the world today are The #WorldBank & #IMF. #MichaelHudson with some Painful TRUTH about #GlobalAgriculturalPolicy and #ThirdWorldDebt. 〰️〰️〰️〰️ Michael Hudson : America is never going to pay its #Debts. It doesn't have to. Its debts are in its own currency. "We can simply print it." The African debt is not in its currency. The African debt is in US dollars. Africa has to earn the US dollars. And the only way it can earn the US dollars is not to be assassinated for growing its own food, and becoming independent, and doing something that the United States doesn’t like. The principle underlying the foundation of the World Bank is that, no country should grow its own food. Africa in the third world should only grow export crops. To export in order to have an oversupply of cocoa, and other tropical raw materials to keep down the price, they must buy their grain from the United States or Europe, so that, if they do something that we don't like, we can do what America tried to do to China. In the 60s, we can sanction them. We can say, we're going to starve you. We're going to not export any grain to you. So owing their foreign debt in dollars means that, they have to somehow sell something that, the United States wants, not what they want. I think the most EVIL Organisations in the world today are : "The World Bank and The International Monetary Fund (IMF)." 〰️〰️〰️〰️ Michael Hudson : ～Famous American Economist Professor of Economics (University of Missouri-Kansas City) ～Researcher at the Levy Institute of Economics at Bard College ～Former Wall Street Analyst ～Political Consultant ～Commentator & Journalist ～Contributor to The Hudson Report https://t.co/lWlyFxxl6u

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Devdiscourse @Dev_Discourse

over 2 years ago

Global Debt Crisis: Developing Nations Struggle Under Financial Strain https://t.co/pB6xDk8P4K #globaldebtcrisis #developingnationsdebt #financialstrain #economichardship #fiscalchallenges #budgetdeficits #loanrepayments #imfassistance #worldbankloans #thirdworlddebt #debt

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Financial Justice Ireland @FinJusticeIre

over 3 years ago

It's well worth reading this entire thread. More still needs to be done with regards to #debtjusice #ThirdWorldDebt 🚫

tim-jones6.bsky.social @tim_jones6

over 3 years ago

The IMF debt sustainability analysis for Sri Lanka is out. It says following a debt relief deal, external debt payments should be a maximum of 4.5% of GDP This is over 30% of government revenue, which is A LOT Sri Lanka would still be in the top 15 countries for debt payments

tim_jones6's tweet photo. The IMF debt sustainability analysis for Sri Lanka is out. It says following a debt relief deal, external debt payments should be a maximum of 4.5% of GDP

This is over 30% of government revenue, which is A LOT

Sri Lanka would still be in the top 15 countries for debt payments https://t.co/VRZKQupaCV

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Samuel Sejjaaka @samuelsejjaaka

almost 5 years ago

#UNGA76: President of Malawi 🇲🇼 Speaks. Three words for each of these: #COVID19: Release the vaccines. #ThirdWorldDebt: Cancel the debt. #SDGs: Let's work together. #UN: Reform this institution. Great words spoken to a hypocritical #WesternHegemony!

samuelsejjaaka's tweet photo. #UNGA76: President of Malawi 🇲🇼 Speaks. Three words for each of these:

#COVID19: Release the vaccines.
#ThirdWorldDebt: Cancel the debt.
#SDGs: Let's work together.
#UN: Reform this institution.

Great words spoken to a hypocritical #WesternHegemony! https://t.co/CMJyIvqCkL

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@Helenrichenda @HelenRichenda

over 6 years ago

So true, whole of history teaching needs overhaul #racism #inequality #thirdworlddebt #colonialism

Zubin Kanga @ZubinKanga

over 6 years ago

It baffles me that many Brits know little about the partition of India, the genocide of indigenous Australians, the Fall of Singapore, the Berlin Conference in which Africa was carved up, the Opium Wars – these all still have a major effect on current events around the world.

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