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RE: COUNTRIES ARE FINALLY WAKING UP TO THE CHINESE
IMF and the West have been using international loan programs to colonize South America, Central America, and Indonesia for decades. The CCP is just copying the West's playbook. Of course, at least the IMF projects did build semi-permanent infrastructure for these regions, whereas the CCP built knock-offs will not last 5 years.
Foreign aid is a money laundering scam at a national level that line the pockets of the ruling elites of both the sender and the receiver nation states. Human rights and international charity are but slogans used to mask the theft of the public purse.
Totally agree with you. The one is no better than the other as there is always something expected in return. I just don't like what route these countries are going down and it is just so blatantly wrong.The elite will always milk what they can get and that is the sad part about it.
The blame for these countries being saddled with debt and becoming de facto colonies of the West or the CCP is mostly on the rulers of these, usually "democratic" and socialist countries. Their own rulers, supposedly elected by the drones, sell out their sovereignty. It is akin to the drug addiction issue that plagues much of the wealthy nation states. The problem is not one of supply, but that of demand. The third rate nations elect scum that have insatiable appetite for wealth accumulation, even beyond that of the Western mercantile banking cartel. The IMF and the CCP merely supply the inordinate demand these petty rulers possess.