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Welcome to Jamaica
- Montego Bay is the tourist mask of Jamaica. Kingston is real.
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Jamaica can be entered with only a driver's license
- A citizen of Jamaica must give an exhaustive acct of why they're leaving
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The IMF
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Original Purpose: IMF to provide short term loans
- Provide capital to rebuild capital
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the third world didn't exist yet
- they were all colonies
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IMF's voting is structured proportionally
- USA 70ish percent
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Lending
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"Reverse fiscal defecit with to create economic growth"
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IMF wants you to cut back spending
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1976
- The hospitals, the food supplies, the people are already privated
- IMF: long term development is your problem.
but here's all the strings
- Jamaican Debt
- 1970s: 40 M
- 1980s: 4 B
- 1990s 40 B
- They have too much debt to ever fix the economy
- No new hospitals have been built for many years
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HOW DEBT IS NEO-COLONIAL
- You get a loan
- You fuck yourself
- You need another loan
- You get a more constricted loan
- Ad Infinitum
- Remember the Asian Tigers South Korea told the IMF to fuck off
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Tourists
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You envy how laid back the Jamaicans are
- Most Natives of the world cannot
escape the impropriety and inescapability
of their crushing poverty.
- They envy your ability to escape.
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Free Zone
- All people subject to leaving the Kingston "free zone" are subject to search and seizure of your shit
- Maquiladoras = FTZs
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These factories are not actually in Jamaica
- The factories are treated as an autonomous way.
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Not subject to local laws
- But they tell the workers they're withholding taxes for education and such
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The Chinese Workers Importation
- They get paid in US currency
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FTZ: World Bank gave money to US companies to
provide employment to lower level workers.
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The government is paying the
loan back on the free zone
- The laborers get paid in Jamaican dollars
- Brooks Brothers assembled in Jamaica
- Externalization of Cost
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Life and Debt
- Low wage areas attract low wage jobs.
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Private Funds are not going to develop infrastructure
- They will only exploit you for profit.
- "You ask in whose interest is it? I ask who set it up?"