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   Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Monday, 18-Nov-2024 04:52:33 JST Victoria Stuart 🇨🇦 🏳️‍⚧️

   Suriname’s Debt Crisis Shows How Global Capitalism Works
   https://jacobin.com/2024/11/suriname-imf-debt-neocolonialism-oil

   * fmr Dutch colony: rich Amazon forests, <1M people
   * 1 of few countries that absorbs more carbon than it produces
   * forced to implement destructive austerity by global financial interests
   * exp. one of world’s worst debt crises
   * discovery of offshore oil & gas in immense quantities

   #Suriname #IMF #neocolonialism #capitalism #corporations #InternationalMonetaryFund #GlobalSouth #debt #austerity