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