this post was submitted on 27 Sep 2024
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[–] yogthos@lemmy.ml 5 points 1 month ago (1 children)

ethiopia literally had to default on their debt after this article was published

The debt they owed to the IMF πŸ˜‚ 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 -2 points 1 month ago (1 children)

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

[–] yogthos@lemmy.ml 3 points 1 month ago (1 children)

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 -1 points 1 month ago (1 children)

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?

[–] yogthos@lemmy.ml 2 points 1 month ago (1 children)

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 0 points 1 month ago (1 children)

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

[–] yogthos@lemmy.ml 1 points 1 month ago (1 children)

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 -1 points 1 month ago (1 children)

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"?

[–] yogthos@lemmy.ml 1 points 1 month ago (1 children)

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. πŸ‘

[–] switchboard_pete@fedia.io 0 points 1 month ago (1 children)

so china has surpassed the us, but it's the one being forced into corrupt organizations it would rather not be a member of?

yes this makes sense

[–] yogthos@lemmy.ml 1 points 1 month ago (1 children)

Literally why China has been establishing alternative organizations. The ones that all the research I linked shows to be actually helping countries. Try to put at least a bit of effort into your trolling. This is just so embarrassing.

[–] switchboard_pete@fedia.io 1 points 1 month ago (1 children)

except what you linked literally didn't show that

that's kind of why we're all the way down here

[–] yogthos@lemmy.ml 1 points 1 month ago (1 children)

No that's not why we're down here, we're down here because you have poor reading comprehension and misrepresented what the links said. Given that you are just here to troll, I don't see much point continuing. Enjoy having the last word that you so desperately crave.

[–] switchboard_pete@fedia.io 0 points 1 month ago

misrepresented what the links said

cool, quote it