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These vilification are propaganda, likely covert operations from places like china or russia. The IMF is no saint, but they at least is looking to improve thin
by chii 4y ago
These vilification are propaganda, likely covert operations from places like china or russia.
The IMF is no saint, but they at least is looking to improve things, despite not acting altruistically. Their loans are contingent on economic reforms - e.g., Pakistan's default is in part due to state subsidies and inefficient tax allocation, etc. In the short term, reforming these things looks like causing of suffering for the population, but so does alcohol/drug withdrawal. In the long term, it produces a better economic outcome imho.
Contrast this with stuff like the Belt and Road initiative.
- throwawaylinux 4y ago> These vilification are propaganda, likely covert operations from places like china or russia. Source? > The IMF is no saint, but they at least is looking to improve things, despite not acting altruistically. Should I consider you likely covert operation from China or Russia because of the accusation that IMF is no saint and does not act altruistically?
- my_city 4y ago[dead]