The sun smiles at you with eternal malice


Chinabad foreign policy sentiment is always going to confuse me because because there's no reason why the International Monetary Fund, Europe, and/or America cannot outcompete China's soft power.
There's no real reason they can't offer better deals, especially as a coalition, than China can to the third world.

The talk about 'debt traps' is very amusing, especially coming from the World Economic Forum and IMF. As though they haven't tested their own theory for decades at this point, and produced nothing but different types of blood diamond economies, with that approach.


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in reply to @Snao's post:

Also, I guess to clarify:
The western organizations don't want to do that, as it would require offering those countries a fair deal and domestic+political control over their own countries' economies, or at least something of equivalent exchange.

Every time I’ve read about the specific deals the “debt trap” is objectively a better deal than anything the IMF would give. They legit got told by the greek finance minister at the time that a deal they struck with the previous government over port access/development was actually really inequitable and China looked at it and went “oh, you’re right” and restructured it to be more fair.

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