The IMF Changes its Rules to Isolate China and Russia

Michael Hudson is an independent investigative journalist. This (lengthy) article discusses the way the IMF (International Monetary Fund) has now been shown that it is blatantly part of US foreign policy actions with IMF chair Christine Legarde, who is facing criminal charges in France as France’s former Finance Minister (!), announcing that the IMF has changed it rules about lending money to countries at war or in default. So now Ukraine that owes Russia US$3 billion looks to ‘stiff’t the Russian out of repaying their loan. (More on Legarde to come)

The nightmare scenario of U.S. geopolitical strategists seems to be coming true: foreign economic independence from U.S. control. Instead of privatizing and neoliberalizing the world under U.S.-cen…

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