4 ms·

I don't know what point you're trying to make. "They're not so bad. They only exploit the desperate."

• dragonwriter 5y ago
  > I don't know what point you're trying to make. That the description of them destroying stability has a false premise. I mean, how much more explicit could be? If you are looking for a secret ulterior motive, the difficulty is because there isn’t one.
• yongjik 5y ago
  Are you talking about IMF or Bitcoin? More seriously, that's not what GP meant at all. GP's point is that IMF usually steps in only after a country managed to paint itself into a financial corner - at this point there's no "nice" solution any more, and you're guaranteed to deal with mass unemployment, people losing their life savings, inflation, and so on. Of course the debate is ongoing whether IMF's proposed solutions are actually in the best interest of the countries on the receiving end, but you know, if they don't like the deal these countries can always refuse it.
• me_me_me 5y ago
  'Loan sharks are not bad people, if you have your own money.'