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this post was submitted on 06 Oct 2024
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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.