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The IMF Bomb from the Five-Star Hotel

Tuesday, April 8, 2003

IMF analysis is not sensitive to how their policies impact on the people of their client states.

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Globalization has proven that it enriches the wealthy and impoverishes the poor. It is countries in the West and Japan that have clearly gained advantage from such globalization, so that again and again these rich countries grow by 2.5 percent annually, while the population of the world's poor increases by 100 million people. The increasingly poverty-stricken and unstable world is experiencing violence everywhere.

The market economy has pro

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