WCP: The New Confessions Of An Economic Hitman (Disc 2 of 11)

Money that had been budgeted for health care, education, and other social services was diverted to pay interest on the loans.

In the end, the principal was never paid down; the country was shackled by debt. Then International Monetary Fund (IMF) hit

men arrived and demanded that the government offer its oil or other resources to our corporations at cut-rate prices, and that the

country privatize its electric, water, sewer, and other public sector institutions and sell them to the corporatocracy. Big business

was the big winner