Today, over 50 countries in the Global South, including Haiti and Congo, are trapped in a $1 trillion debt crisis. But this is by design.
When these nations gained independence, they were handed a bill, not a fresh start. Former imperial powers in Europe trapped them in financial systems specifically built to extract wealth and keep them dependent on their former colonizers.
#Colonialism #Debt
Subscribe for more videos:
ajplus.co/subscribe
Follow us on Instagram:
instagram.com/ajplus
Like us on Facebook:
facebook.com/ajplusenglish
Follow us on Twitter:
twitter.com/ajplus