Friday, December 08, 2006

I watched Life and Debt last night. It's pretty interesting, but like all documentaries of its ilk, it's fairly one-sided. I know it will never happen, but I'd love to see an activist film that is balanced. That's pretty much an oxymoron, though. The status quo defends itself and has no need to make a movie.

Life and Debt is an indictment of the World Bank and the International Monetary Fund, but the economics of these programs is so damned complicated that I had a hard time understanding all of the points this movie made. It was especially difficult because most of the people interviewed spoke with thick Jamaican accents.

If any of y'all can explain currency devaluation to me, I'd appreciate it.


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