• Movie: Life and Debt

    1. Welcome to Jamaica

      1. Montego Bay is the tourist mask of Jamaica. Kingston is real.

      2. Jamaica can be entered with only a driver's license

        1. A citizen of Jamaica must give an exhaustive acct of why they're leaving

    2. The IMF

      1. Original Purpose: IMF to provide short term loans

        1. Provide capital to rebuild capital

        2. the third world didn't exist yet

          1. they were all colonies

      2. IMF's voting is structured proportionally

        1. USA 70ish percent

    3. Lending

      1. "Reverse fiscal defecit with to create economic growth"

        1. IMF wants you to cut back spending

          1. 1976

            1. The hospitals, the food supplies, the people are already privated

              1. IMF: long term development is your problem. but here's all the strings

              2. Jamaican Debt

                1. 1970s: 40 M

                2. 1980s: 4 B

                3. 1990s 40 B

              3. They have too much debt to ever fix the economy

      2. No new hospitals have been built for many years

      3. HOW DEBT IS NEO-COLONIAL

        1. You get a loan

        2. You fuck yourself

        3. You need another loan

        4. You get a more constricted loan

        5. Ad Infinitum

        6. Remember the Asian Tigers South Korea told the IMF to fuck off

    4. Tourists

      1. You envy how laid back the Jamaicans are

        1. Most Natives of the world cannot escape the impropriety and inescapability of their crushing poverty.

        2. They envy your ability to escape.

    5. Free Zone

      1. All people subject to leaving the Kingston "free zone" are subject to search and seizure of your shit

      2. Maquiladoras = FTZs

      3. These factories are not actually in Jamaica

        1. The factories are treated as an autonomous way.

        2. Not subject to local laws

          1. But they tell the workers they're withholding taxes for education and such

      4. The Chinese Workers Importation

        1. They get paid in US currency

      5. FTZ: World Bank gave money to US companies to provide employment to lower level workers.

        1. The government is paying the loan back on the free zone

          1. The laborers get paid in Jamaican dollars

        2. Brooks Brothers assembled in Jamaica

      6. Externalization of Cost

    6. Life and Debt

      1. Low wage areas attract low wage jobs.

      2. Private Funds are not going to develop infrastructure

        1. They will only exploit you for profit.

      3. "You ask in whose interest is it? I ask who set it up?"

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    Movie: Life and Debt

    Added: 2011-02-09 15:47:55

    From: scottmaximus (Joined 2009-10-20 05:28:07)

    27 views |0 downloads

    Movie: Life and Debt

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