Southern Boy@lemmy.ml to World News@lemmy.ml · 3 months agoColombia, historically the most obedient US client regime in Latin America, is joining the Belt and Road Initiative!lemmy.mlimagemessage-square34fedilinkarrow-up171arrow-down123file-text
arrow-up148arrow-down1imageColombia, historically the most obedient US client regime in Latin America, is joining the Belt and Road Initiative!lemmy.mlSouthern Boy@lemmy.ml to World News@lemmy.ml · 3 months agomessage-square34fedilinkfile-text
cross-posted from: https://lemmy.ml/post/21080081 https://xcancel.com/BenjaminNorton/status/1842789775968759982#m
minus-squaretrolololol@lemmy.worldlinkfedilinkarrow-up1·3 months agoWhen imf says aid it’s not what you mean. It means loan with strings attached.
minus-squareolympicyes@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months agoStrings meaning the repayment terms. The issue was more about which lender is going to write down bad loans, China or the west.
minus-squaretrolololol@lemmy.worldlinkfedilinkarrow-up1·3 months agoOh no way, they will tell you to nationalize assets, impose fiscal austerity and all the other things that you can hear from a corporations board room in search of records profit in the next quarter even if it means nosediving economics in 4 months. So yep, aid is worse than loans.
When imf says aid it’s not what you mean. It means loan with strings attached.
Strings meaning the repayment terms. The issue was more about which lender is going to write down bad loans, China or the west.
Oh no way, they will tell you to nationalize assets, impose fiscal austerity and all the other things that you can hear from a corporations board room in search of records profit in the next quarter even if it means nosediving economics in 4 months.
So yep, aid is worse than loans.