I was watching this documentary about Burkina Faso and I realized, that as soon as the International Monetary Fund (IMF) and the World Bank, insert themselves into any nation, their economy spirals and becomes heavily reliant on them..
And to make matters worse, I’ve also noticed that whenever nations deny the IMF and World Bank, their national security becomes compromised. I think I’m starting to understand the scene in Game of Thrones, where Tywin explains that the Iron Bank is the Iron Bank, if you fail to repay their loans, they will fund your enemies. I’m also sure that if you deny them the opportunity to profit, they will also fund your enemies.
When Thomas Sankara, the former leader of Burkina Faso, denied foreign investment, the nation experienced deflation for the first time in modern history, followed with the nation becoming totally self-sufficient with food production. But as soon as Sankara was overthrown by a pro-foreign relations government, and the IMF and World Bank appeared on the stage, providing ludicrous loans regardless of the nations credit, consequently plunging the nation into economic turmoil that still lasts today. Now. Burkina Faso experiences widespread famine, with 3.5 million people in dire need of humanitarian assistance..
It’s important to note.. that the major stakeholders in both the IMF and WB, are the United States of America, the same administration financially squeezing Afghanistan, and murdering thousands by way of starvation.