Bodo Ellmers — Why it would be good for the IMF if Greece stopped repaying the IMF loans

Good argument for a Greek default on its loans from the IMF. Good for Greece, good for the IMF, and good for the global economy. It would not be good for neoliberalism.

Actually, the IMF’s own rules of the game forbade such stupidity.... 

The IMF is all about making creditors whole and transferring the unpayable debt to the IMF, which can then demand neoliberal political changes anti-democratically. The IMF is the enforcer for TPTB that control the global economy based on neoliberal dogma. Like Michael Hudson has been saying for years.

Triple Crisis

Why it would be good for the IMF if Greece stopped repaying the IMF loans

Bodo Ellmers, Guest Blogger

Bodo Ellmers is the Policy and Advocacy Manager at the European Network on Debt and Development (Eurodad).