In my comparative government class, I learned that pretty much every single country that took out IMF loans went into the shitter and never recovered well. The countries that refused such loans also went into the shitter, but recovered significantly faster than the IMF loan takers.
Due to that, my teacher often referred to such measures as "The IMF Poison Pill".
Due to that, my teacher often referred to such measures as "The IMF Poison Pill".
