Re:U.S. military shoots down suspected Chinese surveillance ...
by rhaway84773 on Saturday February 04, 2023 @08:53PM
(#34660793)
No one is forcing any country to take an IMF loan.
And if you think the IMF loans are so onerous, consider why Pakistan, which has allies in both China and Saudi Arabia, both of whom have lent it money in recent years, is going begging to the IMF instead.
And if the IMF is a tool of colonialism, why it is refusing to give money to Pakistan unless it agrees to measures such as the current administration not immediately using that money to fund a subsidy in oil prices right before an election. As opposed to the Saudis and Chinese who impose interest rates in the low 30%s, and acquire ownership of land and infrastructure when those payments are inevitably not made.
And if you think the IMF loans are so onerous, consider why Pakistan, which has allies in both China and Saudi Arabia, both of whom have lent it money in recent years, is going begging to the IMF instead.
And if the IMF is a tool of colonialism, why it is refusing to give money to Pakistan unless it agrees to measures such as the current administration not immediately using that money to fund a subsidy in oil prices right before an election. As opposed to the Saudis and Chinese who impose interest rates in the low 30%s, and acquire ownership of land and infrastructure when those payments are inevitably not made.