this post was submitted on 27 Sep 2024
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[–] [email protected] 0 points 2 months ago (2 children)

played a positive role around the globe helping many other nations develop and improve their standard of living

african debt traps intensify

[–] [email protected] 0 points 2 months ago (1 children)

Put the Kool-Aid down. Stop uncritically accepting propaganda from neocolonial states and their corporate media.

[–] [email protected] 0 points 2 months ago

Put the Kool-Aid down. Stop uncritically accepting propaganda from neocolonial states and their state media.

[–] [email protected] 0 points 2 months ago (2 children)
[–] [email protected] 0 points 2 months ago (1 children)

I love how you trolls just keep regurgitating the same few tropes

my guy your waking life consists of reposting the same 5 talking points

i'd maybe take a moment of quiet reflection

Chinese Investment In Africa Has Had ‘Significant And Persistently Positive’ Long-Term Effects Despite Controversy

"The results show that Chinese foreign direct investment (FDI) sets in motion a process of transformation in the local economy that damages local competitors but – at the same time – benefits local suppliers to the new Chinese firms as well as their local clients."

this is another way of saying that local businesses are destroyed, save from the ones that become functionally chinese subsidiaries

if the west did this you'd be having a meltdown

study on Chinese investments

you know that when a bank restructures a loan for you, it's not out of the goodness of their hearts, right?

and that's when they do restructure a loan for you, rather than just letting you default and having your economy explode like happened with sri lanka

no debt trap

guys they didn't SEIZE a port they merely forced a country to lease it for 99 years at a bargain bin price

China and Africa: Ethiopia case study debunks investment myths

ethiopia literally had to default on their debt after this article was published

https://www.lse.ac.uk/iga/assets/documents/research-and-publications/FDI-in-Ethiopia-Crescenzi-Limodio.pdf

see above

https://blogs.lse.ac.uk/gild/2021/01/26/how-chinese-investment-shape-new-growth-patterns-in-africa/

this is the same as the first link

https://www.asiafinancial.com/china-debt-trap-claims-in-africa-stem-from-us-rivalry-study

this is about the port again

https://www.sabcnews.com/sabcnews/chinas-infrastructure-investment-helps-fast-track-development-in-africa-expert/

this just says "development good" without defining what that is

the same metric would justify european colonialism of africa

https://geopoliticaleconomy.com/2022/08/20/china-forgives-debt-africa/

except for all the cases where they don't and countries have to default, i guess

https://americanaffairsjournal.org/2023/11/broadband-business-formation-and-economic-growth-in-the-global-south-assessing-chinas-impact/

this link isn't relevant

[–] [email protected] 0 points 2 months ago (1 children)

ethiopia literally had to default on their debt after this article was published

The debt they owed to the IMF 😂 https://www.reuters.com/world/africa/imf-ethiopia-reach-staff-level-agreement-first-review-loan-program-2024-09-27/

and that’s when they do restructure a loan for you, rather than just letting you default and having your economy explode like happened with sri lanka

Oh you mean where actual western debt trap was happening?

this link isn’t relevant

No it wouldn't, but I'm not expecting any sort of intellectual integrity from you here.

this link isn’t relevant

sure buddy

[–] [email protected] 0 points 2 months ago (1 children)

The debt they owed to the IMF

do you understand how money works? you know it's fungible, right?

Oh you mean where actual western debt trap was happening?

even in your cartoon world, china is a member of the imf

and even if they weren't, the largest share of single-source debt was from china

i guess it's easier to defend a worldview if you just like...make stuff up?

any sort of intellectual integrity from you here

said the person who cherry picked like 3 things to respond to, despite spending most of their life accusing others of cherry picking, and responded to them by making stuff up

sure buddy

okay let's pretend it's relevant

selling it services and equipment now absolves a country of guilt

wow, looks like the us is absolved of guilt to a comical degree

[–] [email protected] 0 points 2 months ago (1 children)

Unlike you, I do understand how money and debt works. The discussion is about debts issued by China and their long term impact, which every study shows to be positive. I guess it's easier to make a clown of yourself in public than actually learn about the subject you're attempting to debate.

[–] [email protected] 0 points 2 months ago (1 children)

The discussion is about debts issued by China and their long term impact, which every study shows to be positive

except the ones you just linked, i guess?

you must have been very unlucky when picking which sources to show me :(

I guess it's easier to make a clown of yourself in public than actually learn about the subject you're attempting to debate

you know people (other people, not me, i'm here for serious discussion exclusively) only keep you off their blocklist because it's really funny watching the fediverse e-clown ply their trade every day, right?

[–] [email protected] 0 points 2 months ago (1 children)

The ones I linked provide a contrast between Chinese lending and IMF lending, but clearly that was too complex of an idea for you to grasp.

you must have been very unlucky when picking which sources to show me :(

I just vastly overestimated your intellectual capacity.

you know people only keep you off their blocklist because it’s really funny watching the fediverse e-clown ply their trade every day, right?

I'd be so insulted by that if I had a shred of respect for you.

[–] [email protected] 0 points 2 months ago (1 children)

again, even in your cartoon world, china is a member of the imf

also you clearly haven't read your sources very recently, because that's not the picture they paint

I'd be so insulted by that if I had a shred of respect for you.

this is such a reddit tier insult i love it

[–] [email protected] 0 points 2 months ago (1 children)

China being a member of the IMF doesn't mean China runs the IMF or makes decisions for it. Learn how the IMF works instead of making clown of yourself here. The most hilarious part is that you're too ignorant to realize how much of a clown you are.

this is such a reddit tier insult i love it

as a reddit brain you'd know

[–] [email protected] 0 points 2 months ago (1 children)

if the imf is such a corrupt organization, why is china willingly a member?

you really come crawling back to me just to call me a clown again? why are your insults all "clown" or "i'm rubber your glue"?

as a reddit brain you'd know

why are your insults all "clown" or "i'm rubber your glue"?

[–] [email protected] 0 points 2 months ago (1 children)

if the imf is such a corrupt organization, why is china willingly a member?

Because China participates in world trade. Again, learn about the subjects you're trying to opine on that you're quite obviously have no clue about. Absolutely hilarious how you keep doubling down on documenting what an utter ignoramus you are. 👏

[–] [email protected] 0 points 2 months ago (1 children)

so china has surpassed the us, but it's the one being forced into corrupt organizations it would rather not be a member of?

yes this makes sense

[–] [email protected] 0 points 2 months ago (1 children)

Literally why China has been establishing alternative organizations. The ones that all the research I linked shows to be actually helping countries. Try to put at least a bit of effort into your trolling. This is just so embarrassing.

[–] [email protected] 0 points 2 months ago (1 children)

except what you linked literally didn't show that

that's kind of why we're all the way down here

[–] [email protected] 0 points 2 months ago (1 children)

No that's not why we're down here, we're down here because you have poor reading comprehension and misrepresented what the links said. Given that you are just here to troll, I don't see much point continuing. Enjoy having the last word that you so desperately crave.

[–] [email protected] 0 points 2 months ago

misrepresented what the links said

cool, quote it

[–] [email protected] 0 points 2 months ago

our civilized and altruistic IMF lending vs their horrifying Chinese extortion schemes!!! 😱