Posted by: Dr. Y. | August 15, 2011

Globalization: When the IMF manufactures Misery/ Mondialisation: Quand le FMI fabrique la Misere

In view of the current debt crisis grabbing the western hemisphere these days, and the floods of austerity measures brought in by the IMF/World Banks/European Central Banks/Federal Reserve, etc…, austerity measures which never solve a thing but make the situation worse than ever… I thought about showing you this great documentary entitled “Globalization: When the IMF manufactures Misery (Mondialisation: Quand le FMI fabrique la Misere).” It reminds me of all these austerity measures implemented on third world countries by the IMF/World Banks in the 1980s and 1990s, which totally crippled their economies, and created even greater poverty. Not a real solution… but a way for the big banks and corporations of the Western hemisphere to fill their pockets, and keep the other people of the world in chains. Watch and enjoy!

Don’t forget to watch part 2, 3, 4, and 5.


  1. Very interesting points. Thanks!

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  2. […] budget’ to face all the financial problems of the state of Côte d’Ivoire, as the foreign investors and donors were no longer investing in the country.  This ‘secure budget’ was founded entirely on […]


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  4. Its like you read my mind! You appear to know so much about this, like you wrote the book in it or something. I think that you can do with some pics to drive the message home a little bit, but other than that, this is fantastic blog. A fantastic read. I will definitely be back.


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