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this post was submitted on 15 Apr 2026
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US is bad, China is bad, Russia is bad, EU is mostly bad. Fuck it let's move to the moon
China routinely engages in debt pardons with developing States. The EU is much, much worse in this regard, the central bank of 14 African countries is literally in Paris.
Additionally, the currency in which the loans are denominated is extremely relevant. The IMF forces loans in dollars, which those countries famously can't produce. China often engages in loans in the local currency, which the countries can literally print away.
Right they can print the money to pay their debts..... What happens then? Inflation. Guess who's waiting there willing to help with that.
Literally the entire world exploits poor countries. They don't do anything with charitable intentions.
Sure, buddy, giving currency to China somehow generates inflation in the domestic economy. You're literally making stuff up as you go, and you're showing it