Browsing All posts tagged under »ratings agencies«

Time to shun the financial kakistocracy

April 9, 2019

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Institutions such as the World Bank, IMF, the ratings agencies and such private influence peddlers such as the World Economic Forum are often seen as a global financial aristocracy. A more correct term would be kakistocracy since the solutions they offer merely compound the problems created by the system they exist to support.

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Cape Town, South Africa-based journalist commentator and author specialising in political and economic analysis and labour matters.

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