worker rights get stripped

taxes on multinationals are dropped

and free trade

But still underdeveloped countries need these

It's better than nothing

need what part of this?

they dont need this at all

The loans

these *retard* their growth

they dont need the loans haha

For instance

thats a funny part of modern geopolitics actually

To pay debts they cannot I'm the short term

In*

if a country says "we dont need the loan", the americans fund "activist groups" and back other regimes to perform coups or win unfair elections

so that they do endup taking the loan

yea but dude

they dont have to pay the debts

they can just default

if debts were risk free, they shouldnt even have an interest rate higher than inflation

if they default, they have no more debt!

but the new problem becomes

"who will loan to us now?"

given we have shown ourselves to not repay debts

and thats fine

Default is no solution at all

why lmao

Because after they don't pay back

china allows nations to default

China

Really ?

they let the defaulting countries renegotiate the debt burdens

sometimes they outright forgive the debts

They are not a good loaner

i beg to differ lmao

china are far more lenient than the IMF

Man

https://duckduckgo.com/?q=china+forgives+debt&t=canonical&ia=news

Almost everything that they do is under the table

just have a look at all the results

"china forgives 90 mill debt, provides 15 mill more credit"