Message from @Green Syndicalism

Discord ID: 603434151391264779


2019-07-24 03:48:46 UTC  

thats a funny part of modern geopolitics actually

2019-07-24 03:49:06 UTC  

To pay debts they cannot I'm the short term

2019-07-24 03:49:14 UTC  

In*

2019-07-24 03:49:16 UTC  

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

2019-07-24 03:49:29 UTC  

so that they do endup taking the loan

2019-07-24 03:49:31 UTC  

yea but dude

2019-07-24 03:49:36 UTC  

they dont have to pay the debts

2019-07-24 03:49:39 UTC  

they can just default

2019-07-24 03:49:58 UTC  

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

2019-07-24 03:50:44 UTC  

if they default, they have no more debt!

2019-07-24 03:50:48 UTC  

but the new problem becomes

2019-07-24 03:50:52 UTC  

"who will loan to us now?"

2019-07-24 03:51:01 UTC  

given we have shown ourselves to not repay debts

2019-07-24 03:51:02 UTC  

and thats fine

2019-07-24 03:51:05 UTC  

Default is no solution at all

2019-07-24 03:51:11 UTC  

why lmao

2019-07-24 03:51:26 UTC  

Because after they don't pay back

2019-07-24 03:51:32 UTC  

china allows nations to default

2019-07-24 03:51:38 UTC  

China

2019-07-24 03:51:41 UTC  

Really ?

2019-07-24 03:51:52 UTC  

they let the defaulting countries renegotiate the debt burdens

2019-07-24 03:52:00 UTC  

sometimes they outright forgive the debts

2019-07-24 03:52:03 UTC  

They are not a good loaner

2019-07-24 03:52:11 UTC  

i beg to differ lmao

2019-07-24 03:52:20 UTC  

china are far more lenient than the IMF

2019-07-24 03:52:37 UTC  

Man

2019-07-24 03:52:48 UTC  

Almost everything that they do is under the table

2019-07-24 03:52:50 UTC  

just have a look at all the results

2019-07-24 03:53:04 UTC  

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

2019-07-24 03:53:05 UTC  

They don't give a fuck what you useEthe money for

2019-07-24 03:53:37 UTC  

"china has written off 78 million of cameroon's debt"

2019-07-24 03:54:05 UTC  

"over the last 18 years, china has written off around 9.8 billion in debt to other countries"

2019-07-24 03:55:30 UTC  

You do read a lot

2019-07-24 03:55:43 UTC  

You consider yourself a bookworm?

2019-07-24 03:55:49 UTC  

only recently

2019-07-24 03:55:54 UTC  

ive read 17 books this year

2019-07-24 03:56:33 UTC  

dont get me wrong

2019-07-24 03:56:39 UTC  

china doesnt lend out of the kindness of their heart

2019-07-24 03:56:39 UTC  

17 books

2019-07-24 03:56:44 UTC  

Jeez