Reply #22: Bingo this is a stop gap measure [View All]

[malaise]

We were told the same shit. Everything will collapse if you don't sign immediately. You devalue, you deregulate, you divest and you watch poverty grow and your standard of living decline. You watch fiscal cuts in health, education, jobs, name it while you watch income disparities widen. Then you watch your friends and relatives say fuck it as they pack up and leave. Meanwhile as poverty increases and local agriculture and industry die from imports, you watch crime rise and you build higher fences, add more grills to your windows and eventually hire a private security company to guard your property 24 hours a day. Of course the great fiscal cuts have reduced security guaranteed with your taxes as police stations are closed or collapse from lack of maintenance, or they don't have enough vehicles to respond to a call. Education deteriorates as better trained teachers head for a quick buck in the private sector or migrate as teachers' salaries cannot keep up with the cost of living and subventions to schools are reduced. Hungry students can't learn much and school meals are reduced in quality and quantity. Then you watch the rise in the sex industry. It's a fucking mess.
There's a great DVD out there on Jamaica - Life and Debt. Between 1976/77 and now our dollar moved from J$1.35 = US$1.00 to $US$1.00 = $77.00.

The IMF is economic terrorism and works for corporations and the financial conglomerates. Just Say NO!