Nèdeem Elmahjoub's blog

In 1998 the Wall Street Journal ran an editorial that said that the IMF ‘has not been fighting financial fires but dousing them with gasoline’. The IMF pours the first tranche of gasoline. Vijay Prashad has an update The IMF does not fight financial fires but douses them with gasoline

Another indictment of the "International Criminal Fund" “We are not poor but were made poor, this is your policy, oh dollar” ( Mish faqir lakin ifqar, hatha nahjak ya dular ). This understanding of corruption is in stark contrast to notions of corruption which depict the main problem of postcolonial states in the global South as one of corrupt individuals, rather than global economic structures that keep elites, leaders and policies which harm their populations. Framed this way, the problem is mismanagement rather than (deliberate) structures that benefit the elite at the expense of the majority." Do you know who governs us? The damned Monetray Fund Essential reading: Debt, IMF, and the World Bank  by Eric Toussaint and Damien Millet, 2010

"High inequality could threaten global capitalism," says an international criminal institution that played a significant role, at least in the last forty years, in creating that inequality and plunder. An interview with Michael Roberts World's witnessing a new Gilded Age My advice: the representatives of the capitalist system should do something about the new Robber Barons to save their criminal system so that criminal action go on as usual, but more legal and more accepted by the general public.