Just because Walmart figured out a way to sell consumer products for cheaper than your local mom and pop shop, effectively putting it out of business, doesn’t mean that this multinational corporation is evil — or so goes the claim by many a radical capitalist in defense of one of the world’s most hated businesses. Too bad this isn’t actually …
IMF Violates IMF Rules, to Continue Ukraine Bailouts By Eric Zuesse
The IMF, whose bailout operations are absorbed by the taxpayers in the member countries whenever a particular bailed-out nation defaults, announced on Friday, June 19th, that it will “continue to support Ukraine through its Lending-into-Arrears Policy even in the event that a negotiated agreement with creditors in line with the program cannot be reached in a timely manner.” Though this new “Lending-into-Arrears” policy violates …