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PolarPirate@lemmy.zip ⁨1⁩ ⁨day⁩ ago

identity economically struggling countries offer cheap vital infrastructure with high intrests country can’t pay it back now you own them.

US is bad, China is bad, Russia is bad, EU is mostly bad. Fuck it let’s move to the moon

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Riverside@reddthat.com ⁨1⁩ ⁨day⁩ ago

country can’t pay it back

China routinely engages in debt pardons with developing States. The EU is much, much worse in this regard, the central bank of 14 African countries is literally in Paris.

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- PolarPirate@lemmy.zip ⁨1⁩ ⁨day⁩ ago
  Right they can print the money to pay their debts… What happens then? Inflation. Guess who’s waiting there willing to help with that.
  
  Literally the entire world exploits poor countries. They don’t do anything with charitable intentions.
  
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  - Riverside@reddthat.com ⁨1⁩ ⁨day⁩ ago
    
    Right they can print the money to pay their debts… What happens then? Inflation
    
    Sure, buddy, giving currency to China somehow generates inflation in the domestic economy. You’re literally making stuff up as you go, and you’re showing it
    
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