How the IMF Debt Trapped Kenya Causing Nationwide Protests
Summary
TLDRThe video script discusses the ongoing protests in Kenya, triggered by IMF and Western banks' policies that have led to debt traps and austerity measures. It delves into how these policies disproportionately affect the poor, fueling discontent and unrest. The script also explores the historical impact of IMF interventions in countries like Argentina, Ukraine, and Greece, highlighting the detrimental effects on their economies and societies.
Takeaways
- 🇰🇪 Protests in Kenya are driven by new reforms and austerity measures, which are a response to the country's debt crisis exacerbated by the IMF's policies.
- 💼 The IMF's involvement with developing nations often results in debt traps, forcing countries into privatization, deregulation, and austerity to repay loans.
- 📈 Kenya's external debt has seen a significant increase from 10.2 billion to 34 billion between 2013 and 2020, raising questions about the sustainability of its financial obligations.
- 💔 Austerity measures, including cuts to subsidies and increases in taxes on essential goods, disproportionately affect the poorest and most vulnerable, leading to discontent and protests.
- 🏥 The IMF's insistence on fiscal consolidation has led to significant cuts in crucial sectors like health and education in Kenya.
- 🌍 The script points out that the IMF's practices are not exclusive to Kenya but have been seen in countries like Argentina, Ukraine, and historically in Greece.
- 🕊️ The speaker suggests that China's involvement in African nations is more mutually beneficial compared to Western practices, contrary to mainstream narratives.
- 🔫 There is a call for leftists to embrace technology and self-defense, including firearms, in the context of rising against oppressive forces.
- 🚨 The script criticizes the private prison industry and the militarization of local police, suggesting a connection between conservative ideals and lower cognitive abilities.
- 🏴 The speaker highlights the positive aspects of certain leaders like Thomas Sankara and Muammar Gaddafi, who were killed for their attempts at improving their countries.
- 🤔 The script encourages critical thinking about mainstream narratives, especially regarding international financial institutions and their impact on global politics.
Q & A
What is the main issue that the protests in Kenya are addressing?
-The protests in Kenya are addressing the austerity measures and economic reforms imposed by the IMF and Western banks, which have led to widespread public unrest and financial struggles.
How does the IMF typically engage with developing nations?
-The IMF often lends money to developing nations. When these nations struggle to repay the debt, the IMF may enforce policies such as privatization, deregulation, and austerity measures, which can lead to social spending cuts.
What has been the impact of IMF policies on Kenya's external debt?
-Kenya's external debt has increased dramatically from 10.2 billion to 34 billion between 2013 and 2020, raising concerns about the sustainability of the country's financial obligations.
What are some of the austerity measures implemented by the Kenyan government under IMF pressure?
-The austerity measures include cutting subsidies and increasing taxes on essential goods and services such as gasoline, wheelchair tires, bread, and sanitary pads, affecting the poorest and most vulnerable segments of society.
How have the IMF's policies affected education and health sectors in Kenya?
-The IMF's insistence on fiscal consolidation has led to significant cuts in crucial sectors like health and education, increasing tuition costs in public universities and reducing access to essential services.
What is the historical context of Argentina's relationship with the IMF?
-Argentina has had a tumultuous relationship with the IMF for decades, marked by a record $57 billion loan in 2018 which failed to stabilize the economy and led to widespread protests and political change.
What are the implications of the IMF's involvement in Ukraine?
-The IMF's involvement in Ukraine has led to significant cuts in social programs, privatization of state assets, and dismantling of labor protections, contributing to economic hardship and political instability.
How does the script describe the role of Western powers in African nations post-colonialism?
-The script suggests that Western powers, through the IMF and World Bank, have continued to exert control over African nations by saddling them with debt, effectively extending colonialism through economic means.
What is the script's perspective on the narrative that China is engaging in 'debt-trap diplomacy'?
-The script challenges this narrative, arguing that it is a projection of Western practices and that African nations would not enter into deals with China unless they were more beneficial than those with the US or Europe.
What alternative view does the script propose regarding gun ownership for leftists?
-The script suggests that leftists should consider embracing technology and firearms as a means of self-defense and potentially as a counterbalance to right-wing gun ownership, in a context where the right has a monopoly on violence.
How does the script relate the situation in Greece and Egypt to IMF interventions?
-The script describes the IMF's interventions in Greece and Egypt as leading to social unrest, economic contraction, and a decline in living standards due to harsh austerity measures and economic reforms.
Outlines
🌐 IMF's Role in Kenya's Debt Crisis and Protests
The script discusses ongoing protests in Kenya, triggered by new reforms and austerity measures imposed by the International Monetary Fund (IMF). The IMF is criticized for debt-trapping countries like Kenya, forcing them into privatization, deregulation, and austerity. The speaker details how the IMF's involvement has led to Kenya's external debt skyrocketing from $10.2 billion to $34 billion between 2013 and 2020. The IMF's loan conditions have forced the Kenyan government to implement unpopular measures such as cutting subsidies and increasing taxes on essential goods, leading to social unrest. The speaker also highlights the broader impact of IMF policies on education, healthcare, and the general welfare of Kenyan citizens, emphasizing the predatory nature of these policies.
📊 Debunking China's Debt Trap Diplomacy Myth
This paragraph addresses the narrative that China is engaging in 'debt trap diplomacy' in Africa, arguing that this is a misrepresentation and projection of Western practices. The speaker suggests that China's involvement in African nations is mutually beneficial, contrasting this with the historical exploitation by Western powers. The discussion includes the role of financial press in providing a more accurate picture of global economic dynamics, as opposed to mainstream media narratives. The speaker also challenges the portrayal of the Wagner group as a fascist paramilitary organization, highlighting their beneficial actions in certain African contexts. The paragraph emphasizes the need for a critical examination of Western narratives and the importance of understanding the complex dynamics of international relations and economic interventions.
💔 The IMF's Impact on Argentina and Ukraine
The speaker discusses the detrimental effects of IMF interventions in Argentina and Ukraine. In Argentina, the 2018 loan from the IMF, the largest in its history, failed to stabilize the economy and instead deepened the country's debt crisis, leading to widespread protests and political upheaval. The IMF's austerity measures, including cuts to public spending and subsidies, fueled public anger and economic hardship. Similarly, in Ukraine, the IMF's structural adjustment policies led to significant cuts in social programs, privatization of state assets, and dismantling of labor protections, contributing to economic hardship and social instability. The speaker criticizes the IMF for prioritizing the interests of international creditors over the welfare of citizens in these countries.
🔫 The Importance of Gun Ownership for Progressives
This paragraph explores the idea of gun ownership from a progressive perspective, arguing that leftists should embrace technology and weaponry as a means of self-defense and resistance against oppressive forces. The speaker criticizes the monopoly of violence held by certain groups and suggests that progressives should be prepared to defend themselves and their communities. The discussion touches on the role of guns in potential uprisings against tyranny, including local police, and the need for a balance of power. The speaker also contrasts the situation in countries like China, where the military is under communist control, with the United States, where gun ownership is predominantly associated with right-wing ideologies.
🏛️ IMF's Role in Greece and Egypt's Economic Struggles
The final paragraph delves into the IMF's role in the economic struggles of Greece and Egypt. In Greece, the IMF's bailout program and harsh austerity measures led to severe economic contraction, skyrocketing unemployment, and a dramatic decline in living standards. The speaker mentions the potential for future discussions with experts on the subject, highlighting the need for a deeper understanding of the IMF's impact. In Egypt, IMF-backed economic reforms since 2016 have resulted in significant hardships for ordinary citizens, with measures like the floating of the Egyptian pound, cuts to subsidies, and the introduction of new taxes leading to soaring inflation and a sharp decline in living standards. The speaker concludes with a general warning about the pitfalls of international development interventions.
Mindmap
Keywords
💡Protests in Kenya
💡IMF (International Monetary Fund)
💡Debt Trap
💡Austerity Measures
💡Privatization
💡Resource Extraction
💡Colonial Debts
💡Neoliberalism
💡Social Unrest
💡Fiscal Consolidation
💡Imperialism
Highlights
Protests in Kenya are driven by new reforms and austerity measures imposed by the IMF and Western banks.
The IMF's involvement in Kenya has led to a debt crisis and sparked nationwide protests.
IMF policies in Kenya are exacerbating financial struggles and social tensions.
Kenya's external debt increased dramatically from 10.2 billion to 34 billion between 2013 and 2020.
IMF loans to Kenya have continued despite an unsustainable debt trajectory.
Austerity measures include cutting subsidies and increasing taxes on essential goods and services.
Cuts in social spending have a disproportionate impact on the poorest and most vulnerable.
IMF policies have led to significant cuts in crucial sectors like health and education in Kenya.
The IMF's insistence on fiscal consolidation has resulted in detrimental impacts on Kenyan society.
African leaders resisting IMF and World Bank frameworks have faced assassination or coups.
The IMF's actions are compared to colonialism, with debt used as a tool for continued control.
China is contrasted with Western nations, accused of not engaging in debt-trap diplomacy.
The role of the Wagner group in Africa is presented as beneficial, despite Western narratives.
The transcript discusses the importance of critically supporting anti-imperialist actions, regardless of political ideology.
Examples of IMF debt traps in Argentina and Ukraine are given, showing similar patterns of economic hardship and unrest.
The IMF's involvement in Ukraine has led to social program cuts, privatization, and labor protection dismantling.
The transcript suggests that Western involvement in countries like Iraq and Ukraine is driven by economic interests.
The discussion points to the need for leftists to embrace technology and self-defense in the face of right-wing dominance.
The transcript criticizes the private prison industry and the militarization of local police in the United States.
The IMF's role in Greece and Egypt is highlighted, showing a pattern of economic reforms leading to social unrest.
The discussion concludes with skepticism towards international development interventions, suggesting a critical approach.
Transcripts
uh there's protests going on in Kenya
right now they're over the toop uh you
have a bunch of people the the Western
media saying oh J gen Z is in full
effect in Kenya they're protesting in
the streets they don't like the uh uh
new reforms that are coming in and they
don't really get into the real meat of
the thing so I wrote an article uh and
this is how the IMF and Western Banks
debt trapped Kenya that is now currently
sparking these Nationwide protests so I
dug a little deep into what was causing
the austerity that they're trying to
push on these people and I was
completely surprised by the idea that
the IMF has done this to so many
countries most recently Argentina
Ukraine you know Ukraine is about 200
billion in debt to the IMF um and now
Kenya so what the IMF will do is come in
and try to lend money to developing
nations um and essentially when they
can't pay it back force them into to a
uh uh uh into
privatization uh deregulation and
austerity and they will force a
government to do these things and to
pass laws to they'll cut Social spending
so that they can pay their debt to
Western Banks now what happens is this
is becomes a trojan horse of corporate
power right so if you can't pay your
debt then guess who gets to come in
halberton uh you know McDonald's mining
companies whoever we want will come in
and start extracting the resources from
this company and this is the trick so it
it reads the international monetary
funds involvement in Kenya uh has come
under intense scrutiny as the country
grapples with the mounting debt crisis
and widespread public unrest far from
bringing a solution to Kenya's economic
woes the IMF policies appear to be
exacerbating the country's uh Financial
struggles and social tensions kenyon's
uh external debt has skyrocketed from
10.2 billion to 34 billion between 2013
and 2020 now this is a staggering
increase that raises serious questions
about the sustainability of a country's
Financial Obligations despite the
alarming Trend the IMF has continued to
approve loans to Kenya most recently a
one billion doll package ostensibly to
address the economic challenges of
climate change this approach of throwing
more money at a debt ridden Nation seems
counterintuitive and at best predatory
at worst uh the IMF loan conditions have
been forced into the Kenyan government
to implement a series of deeply
unpopular austerity measures these
include cutting subsidies and increasing
taxes on essential goods and services
from gasoline to wheelchair tires bread
and even sanitary pads such measures
disproportionately affect the poorest
and most vulnerable segments of society
leading to widespread discontent and
protests now the imf's insistence on
fiscal consolidation has led to
significant Cuts in crucial sectors like
health and
education uh according to nework
yuu uh I don't know if I can pronounce
that right I'm sorry my Kenyan brothers
and sisters uh the fight inequality in
panafrican coordinator uh quote the IMF
insisted that the government reduced
spending on education we saw public
universities the cost of tuition went up
by three times it was the direct
correlation with the IMF policies the
impact has been detrimental okay so the
harsh reality also uh another person
says we used to get OA maze flow for
about 80 uh Kenyan shillings uh but now
it's 200 something so the people here
are jobless and to get the money just
for a packet of flour is very very
difficult so people are only eating once
a day I mean this is right we we like to
rant and Rave about imperialism is this
not the clear
definition yeah I mean so many African
leaders who have tried to resist the IMF
and world bank and Western imposed
framework have found themselves
assassinated or CED because they
recognize very quickly that when the IMF
and World Bank comes in and imposes all
these neoliberal restrictions on you and
says look we've saddled you with debt or
we've given you this supposed capability
to build um some kind of uh
manufacturing base for yourself when
those African leaders start to shift and
say look we're going to start
manufacturing something that's actually
beneficial for our populist that like
returns us some uh just gives us a
return on our investment rather than
allows the West to extract the the
product of the labor or resources itself
um they get CED they get overthrown or
they get literally assassinated and this
has happened so many times like France
has assassinated something like 60
leaders in Africa that's because they
are still owed all this money and they
want that money they want these debts
repid like these Colonial debts it's
like that's why we say colonialism never
ended because once all these African
nations were freed from the the Yoke of
French imperialism they were saddled
with debt as a as sort of like a revenge
like just legally they were allowed to
do this because it doesn't make the
headlines that the the overthrow of
colonialism does so people don't notice
that and they just think that
colonialism ended and that's very
convenient but that is the situation
that we find ourselves in and again in
typical fashion if you guys want numbers
on this I would suggest listening to Ben
Norton because I was thinking a while uh
while we're recording this another
interesting thread to go through would
be one that I saw on Twitter during the
beginning of the pandemic which was
China is lying about his Co numbers is a
copout and it's this guy who goes
through financial times because if you
want the truth about what's going on in
um geoeconomics you have to look at
Financial press you don't look at like
the the mainstream press that like puts
a narrative spin on anything you look at
the the actual Financial press that like
investors are reading because that gives
you just the raw numbers and that's why
investors OB like sometimes come out
with like weird takes like we should uh
do more friendly investment with China
rather than trying to stoke War which
goes against what like all of mainstream
politicians and Economist economists are
even saying because they want to do like
protectionism So This Thread it goes
into like why it doesn't make sense to
say that China is lying about their Co
numbers because you can look at actual
resources you can look at things that
they are importing um you could look at
things like the drugs um the Plastics
that they would need to like assist
people who are like going through Co and
the whole point was like he goes through
graphics and stats to show that like the
like China actually was just combating
Co better than the West Was it wasn't
that just they were lying about the
numbers and so in the same vein when
people say that like China is doing debt
trap diplomacy where they're like
invading African nations and then
saddling them with debt that is actually
what the US and the West has always done
and it actually doesn't even make sense
to say that China could because they
don't have the military capability they
don't have the ability
to uh wield the stick if these African
countries don't take the carrot of
whatever debt they're being saddled with
so there is no reason for these African
nations to make a deal with China unless
it is more mutually beneficial than it
would be to sign with the us or Europe
so again it is always just projection
that the US and and the West does in
their mainstream press and then people
just believe it yeah and you know uh I
judge it highly upon who's who's you
know because we can forgive debt too and
China has come through and forgive debt
so be on the lookout who's who's
relieving more debt who really is trying
to help somebody else and not and not
dead tra uh keep riing for a second I
got to turn something off keep ring I'll
be right back yeah no
problem trying to think of what else um
there's some other point I wanted to
make about uh just how propaganda people
are even with the when it comes to
Russia I want to make the point that
like people think that Wagner group is
some kind of like fascist paramilitary
group and I'm sure they do have their
issues with a bunch of like far-right
nuts in their ranks but when you see
something like Wagner group helping out
um Ibrahim trior in and Burkina Faso
like that is still a beneficial thing
just like when I say that we should
critically support Russia or Iran not
because they are leftist or socialist
Powers but because they are doing
anti-imperialism in a material sense
it's like I feel like a lot of people
have turned against an African leader
who is doing good right by his people
who's kicking out the French
colonialists who control all the uranium
in that country and do so for profit
he's literally kicking them out as we
speak and people here in the west are
like oh he's going be like an
authoritarian dictator it's like based
on what just because of the color of his
skin it's like just on Laten racism and
again the fearmongering about Russia or
Wagner people assume that this is going
to be like a Ed aine situation when it's
much more similar to Thomas
Sara yeah uh God bless Thomas Sara you
know Ibraham tayori he's he big fan of
Thomas Sara and anybody who you know if
you're not a communist or whatever and
you think you're very skeptical about
the whole communist thing uh because
your go-to is Joseph Stalin or Ma and
sort of the the the things that happened
during that go take a look at what
Thomas S car did to his country and and
how fast they killed him for it
because he was a decent guy you know
Gaddafi too Gaddafi was giv money to
people for to get married he was given
you know education reforms land reforms
lumba come on guys we should do a whole
series it was in Africa because he was
helping out African revolutionaries
there it's like they weren't able to get
him in
and maybe that was just like happen
stance that they weren't able to but
like they definitely went after him a
lot in Africa and that's where they
killed Shay yeah isn't that crazy so
Argentina um is another one of these IMF
debt trap companies so Argentina's
tumultuous relationship with the IMF
spans decades in 2018 the country
received a record $ 57 billion loan from
the IMF the largest in the funds history
wow uh however this massive injections
of funds failed to stabilize the economy
instead it led to a deepening of the
country debt crisis sparking widespread
protests and contributing to the defeat
of President Mauricio uh McCree in
2019 the stringent austerity measures
demanded by the IMF included cuts to
public spending and removal of subsidies
it it completely fueled public anger and
economic hardship this pattern of IMF
intervention followed by social unrest
and political change has been
reoccurring theme in Argentina
Argentina's recent history um the other
one is Ukraine okay so Ukraine's
experience experience with the IMF has
been equally contentious uh everybody
knows the 2014 Maiden coup where you
know the CIA and and and whatever
America was really rooting for the
overthrow of yanovich Ukraine become
heavily reliant on IMF loans the fund
structural adjustment policies led to
significant Cuts in Social programs
privatization of State assets and the
dismantling of Labor protections
oh that sounds real Democratic guys very
Western uh these measures contribut to
economic hardship for tons of ukrainians
and and led to the instability that
we're seeing today the imf's involvement
in Ukraine has been criticized by for
prioritizing the interests of
international creditors over the welfare
of Ukrainian citizens and potentially
exacerbating the country's internal
divisions and external vulnerabilities
now see and right there there you have a
bunch of ukrainians who are confused
about what this war is really all about
uh look closer at the debt and look
closer why does the West need to align
itself so much it's another one of their
great neoliberal experiments like they
they pulled in Iraq oh we're going to
turn this into a democracy where we can
siphon all the resources out of this
country just look at the businesses that
are
already greedily rubbing their hands
together to come in there and re rebuild
Ukraine after this war is over it's
Black Rock it's all the investment
companies it's all the private Equity
yeah and that's their money that they
invested in the first place they want to
get it back and they're going to do it
by going in there same with Israel you
know they cannot wait to for this beach
front property to pop off in Gaza like
did you see this uh Riot that was
happening in La where these guys came
out to the uh this there was a protest
against uh Zionism or whatever and the
zionists came out it was an event that
was selling real estate in the occupied
West Bank
mhm illegally and of course yeah
illegally and these people come out and
protest it and then a bunch of these nut
jobs you know beat them up that's why I
say get get fit get guns do some
jiujitsu learn your be tough
leftists because we're not you be strong
in the mind you got to get strong in the
muscles you got to get some muscles
going an alternative point of view uh I
don't know it might be risky to say we
might end up cutting it but it's like I
feel like leftist should embrace
technology uh drones even just like
sniper rifles like check out our long
range on Reddit it's all about I mean
there are a bunch of right-wing chuds
because those are the guys who inhabit
these spaces in every pretty much uh
sporting good space online but our long
range it's all a bunch of dudes talking
about hitting targets very small a th000
2,000 3,000 yards out sometimes um and
they do it they talk about their windage
and all their different calculations
that they're doing but it is possible to
do and I feel like more people should
embrace um getting far away from your
targets rather than being so into
working out and having to get up close
like that it's like no let's do this
long term let's not have like one fight
and possibly end it right there
like yeah and and you know guns are the
number one killer of children I
understand that that's a bad thing but
so long as all these nut jobs or the
police have a monopoly on violence and
stuff we need to get to a point
where well like I'm not anti-gun in that
in that scenario right in the context of
what's happening now leftists should
have guns trans people should have guns
Communists should have guns as long as
these monkeys have guns we should but
ideally in a in a in a utopian scenario
yeah maybe we shouldn't
have guns okay but I me I wish we lived
in the world where the US had tons of
gun ownership but it was all in the
hands of progressive people and that it
was like a just a progressive thing to
own a bunch of guns and uh militantly
defend people rather than what we live
in now which is like it's just kind of a
known right-wing thing to have guns
quote unquote to defend your property
but we all know they're all talking
about the day of the rope and like some
kind of insurrection they're going to do
against tyranny or whatever when they
really just mean black people yeah and
and then don't tread on me while also
going and licking the boots of police
like this makes no sense love the cops
and Military bro you are the boot stop
pretending like you're not the boot
you're the boot okay Jesus
Christ and and and if you need guns the
whole reason you would need guns is to
rise up right against a what tyrannical
government this includes local police
and somehow they go well no no no it's
the
FBI well we're we're at least coming to
a point where conservative yah who let's
face it there's a correlation between
conservative ideals and what lower
cognitive
abilities uh my my man Mike knows all
about it uh I got the studies you got
the studies back it up we got the
documents uh you guys yeah we need
people that are intelligent to have guns
I guess that's my final thought on that
I mean it it would have to otherwise
what's the point that's what I'm saying
what's the point otherwise you're going
to keep killing children killing black
people killing each other accident the
kids kill each other they bring the gun
to school my dad's got my
um idiots having guns this is not good
but uh yeah I wonder if liberals had
guns or leftists had guns how much they
wouldn't really use them too often but
if a militia rose up every time that
there wasn't police accountability and
we shot 10 20 30 cops blew up a
police station maybe we could stop you
know tyrannical forces from prevailing
but dude we're up against so much like
we just were reading about the private
prison industry and uh the military
Arsenal that local police and and Frog
Balls Oklahoma get that's
crazy I mean my point in saying that
earlier was that because the right is
allowed to have guns and the left is
looked at as like scary when they do
like uh I was talking on my Instagram
live video this morning about how every
time I've seen a real Marxist group pop
up in the last few years like during
black lives matter there was quite a few
where you'd see like militantly armed
young black men are organizing in a
principled way and saying things even to
like the media when they would get
interviewed saying like look we are
fighting fighting with solidarity for
all oppressed people we're not doing
like anti-white racism or anything like
that you're accusing us of we want
everybody to stand together and rise up
against these oppressive forces that are
holding all of us down and you would
hear about them and then they'd be gone
in like a month and that's not that's
intentional like these orgs are quickly
targeted and they're
very adeptly and effectively neutralized
by the government that's
like that's that's the world we live in
and that's why I'm saying like when you
live in the country where it is just
assumed to be a right-wing thing to have
a bunch of guns um that's because you
live in a right-wing country where the
government tolerates that like that's
just to say you live in fascism whereas
if you lived in the country like maybe
China where their pla is communist in
name like they they literally are a
communist organized Army for the
Communist party it's like people who are
in the pla are allowed to have guns and
they have a lot of experience with guns
but those are Communists and
they crack down really hard on the
fascists like like that is what
authoritarianism looks like in China is
like if you express fascist ideas if
somebody in your community even thinks
that you're doing it like you weren't
even you were smart enough to keep it
off of the social media or whatever it's
like if somebody thinks you're a
fascist in China you're getting reported
and the state is cracking down on you
you're getting re-educated that's what
communism is like that's what we want
yeah yeah yeah look we're all equal and
if you got a problem with that I'm going
to kill you all right yeah and I
dig it I dig it you know because
like I said before organizing Society
under any
any attempt to organize Society it's
going to be under the you know it's
going to have to be coercive and that's
that's okay I've learned to accept that
it's unfortunate that we can't all be
Hermits that live in the woods with no
laws no rules yeah let's just go and
let's do it let's but let's do it right
yeah so the other thing was Greece of
course totally famous for the IMF uh
totally screwing them over um the Greek
debt crisis was a subsequent IMF bailout
program uh notorious example of uh IMF
intervention leading to social unrest
the the harsh austerity measures imposed
uh as conditions of the bailout led to
severe economic contraction skyrocketing
unemployment and dramatic decline in
living standards for many Greeks we'll
get uh jannis verus on here one day I
hope and he can tell us all about it and
the last the last example I had was
Egypt same thing IMF backed economic
reforms implemented since 2016 have led
to significant hardships for ordinary
Egyptians the floating of the Egyptian
pound cuts to subsidies and the
introduction of new taxes has resulted
in soaring inflation and sharp decline
in living standards for many so when you
talk about International Development be
suspicious that's all I can really say
you know so next last story I can't
think of any situation outside of like
World War II where I would have even
critically supported the US in some kind
of military Venture that's the last time
it's like there has never been a
situation in our lifetimes where the US
is actually been the liberators in any
kind of military way that's simply not
the case I can't think of it one either
I mean even I mean Desert Storm you had
we went over because uh s Saddam Hussein
invaded Kuwait but he did it with the
weapons we gave him so it's like it's
like every time dude what the yeah
World War II and when we come in late
because we think it might be in our
interest to come in late and then oh now
that uh the Communists have done most of
the work we come in and then and then
we'll tell all the school students that
we we kick their asses real good um yeah
[Music]
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