Submitted by BubsyFanboy t3_126xlg0 in worldnews
mcs_987654321 t1_jec16ak wrote
Reply to comment by Heres_your_sign in China calls US debt trap accusation 'irresponsible' by BubsyFanboy
And that’s lazy mudslinging too, bc the IMF’s predatory shit is completely different than China’s lending model.
The IMF will bake everything into a contract up front, and force the signatories to attend in person meetings to walk through every single potentially brutal clause vs China, which starts out by building roads and hospitals for loan recipients, then strip mines a bunch of mineral deposits and dumps the effluent in critical waterways.
Viewing a single comment thread. View all comments