Permanently Deleted
You weren't kidding as they shadown banned my post after I posted yours.
I share screenshots of effort posts people do here because they're harder to automod
IMF and World Bank loans are nowhere near as predatory as Chinese ones, comparing the two is a tad asinine
Technically correct. They're nowhere near as predatory because they're much more so.
As a Eastern European guy whose country got absolutely fucked by the IMF... :agony-shivering:
r/neoliberal and r/politics exist solely to legitimize the purely deluded racist projections of finance bros, who (as @Eugene_V_Dabs pointed out) have so surpassed the point of self-relection that they are capable of literally having a Milton Friedman badge next to their name despite having no idea what the IMF does. Not even parody.
There are countless sources that say the exact opposite of what these dorks are projecting. IMF has enforced such austerity conditions not just in the global south but in Europe as well that even Greece found a much more reasonable lending partner in the Chinese government than in the IMF or Deutchebank when their economy collapsed. Its not just BRI that western financial powers are worried about - hence, the enormously astroturfed consent manufacturing sites like reddit, and panicked western government attempts to ramp up war efforts with China.
Edit: we need a :varoufakis-shining: emoji
Headline is fake btw and based on nothing. Actual officials of Uganda's government came out because the ,unsourced, headline was gaining traction and said that its completely bogus and based on nothing
IMF loans are so much better than the Chinese ones, which is why the African countries chose to work with China
