Original post: https://hexbear.net/post/2511019

    • Goun@lemmy.ml
      ·
      7 months ago

      has profited off predatory micro loans in developing nations

      Wait what? How's that even possible?

      • technocrit@lemmy.dbzer0.com
        ·
        7 months ago

        It's not just possible, it's widespread.

        https://www.bloomberg.com/graphics/2022-microfinance-banks-profit-off-developing-world/

        (TBH it was never very convincing that these capitalists were going to help poor people by extracting their wealth.)