Month: December 2010

dochas.ie “the IMF has colluded with the world’s big private banks to foster a spirit of gungho, risk-free financing”

Ensure democratic and accountable global financial institutions The institutions that currently police the global financial system, in particular the international monetary fund (IMF), have failed spectacularly to the point of complicity in the banking crisis. While pushing poor countries to deregulate their financial markets, the IMF has colluded with the world’s big private banks to…

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