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News Link • Economy - International

Public Banking History in Costa Rica with Ellen Brown

• arclein
n spite of enormous pressure by the I.M.F. [International Monetary Fund] and the U.S. to privatize them along with other public assets. The Costa Ricans have resisted that pressure—because the value of a public banking option has become abundantly clear to everyone in this country. During the last three decades, countless private banks, mutual associations (a kind of Savings and Loan) and credit unions have come a

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