53
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 06 Oct 2024
53 points (70.9% liked)
World News
32213 readers
1033 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
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.