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Union calls for reform: IMF and World Bank continue to promote austerity and deregulation that undermine workers’ rights and democracy, exacerbate inequality (punchng.com)

submitted 4 months ago by cyu to c/unions

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[–] [email protected] 4 points 4 months ago* (last edited 4 months ago)

Reminder that Christine Lagarde, the conservative former head of the IMF, publicly admitted that austerity sent Greece into depression following the IMF’s intervention in the sovereign debt crisis.

IMF admits: we failed to realise the damage austerity would do to Greece

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