29
Jul
…Namibia seeks IMF loan And so it begins. The descent of Namibia into the ranks of so many other nations that have mismanaged their affairs, made honest mistakes, been captured by corruption, and suffered unavoidable bad luck has happened. The International Monetary Fund (IMF) is happy to race to the rescue. They have thrown Namibia a radioactive life preserver. The country must decide to either drown or grab the thing. Those are the usual choices when you are forced to dance with the devil. Make no mistake; the IMF is a powerful and effective instrument of western capitalist imperialism. They…