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The Debt Boomerang |
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…in the Third World are not the only victims of the present crisis. In an unsettling but lucid critique, Susan George shows that we in the North, must also pay the price of World Bank and IMF policies, that have accelerated deforestation, encouraged mass migrations, fuelled an expanding drug trade and heightened global instability and conflict. Our taxes underwrite the irresponsible and short-sighted loan policies of the banks, and sustain downward spiral of global indebtedness. |
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