Debts have pushed developing countries in the 70ies to the edge. The increase of the oil price drove many countries of Latin America and Africa into the debt trap. Even eastern European countries were dependent on the capitalist system. In the early 80th the indepted Poland was forced by the International Monetary Fund to accept the so called structural adjustment programs. The consequence was that workers were squeezed, says Wallerstein. That sparked the Solidarnosc movement in Poland. At the same time Ceausescu in Romania was considered the model boy by the IMF as he paid back the debt while the Romanian government cracked down on its own citizen. Later corporations, states and consumer got indepted, too, accompanied by bursting bubbles.