Re: What they want for Samoa
Yes they are called structural adjustment payments and basically the I.M.F forces the poor nation to stop all social funding such as for health, education, infrastructure for hospitals and roads until the poor country pays their debt.
The poor countries can often only manage to pay the interest to the I.M.F and the money-lenders making the profit and the poor country poorer.
The people of the poorer countries suffer tremendously under these draconian structural adjustment measures that are forced on them by wealthy investors. What happens if the poor country can’t pay?
They lose their land, and resources and their people lose their lives, autonomy and dignity.
No more loans from the I.M.F and they downgrade your credit rating until your doomed. I hate the I.M.F.