• ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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    1 month ago

    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

    • switchboard_pete@fedia.io
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      1 month ago

      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

      • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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        1 month ago

        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.

        • switchboard_pete@fedia.io
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          1 month ago

          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?

          • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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            1 month ago

            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.

            • switchboard_pete@fedia.io
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              1 month ago

              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

              • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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                1 month ago

                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

                • switchboard_pete@fedia.io
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                  1 month ago

                  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”?

                  • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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                    1 month ago

                    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. 👏