• 小莱卡@lemmygrad.ml
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    1 year ago

    Lol after reading the john perkins book about being an economic hitman, its kinda ridiculous how incompetent and lazy were the global south boggie class (vendepatrias).

    They hire american consultories to make the economic projections for them (which they intentionally overproject growth) so they can ask american banks for credits to pay american construction companies to make the infrastructure. Credit goes from american bank to american companies then the country has to pay the bank the credit with interests, and since the growth projections were overblown, they end up becoming debt slaves. What a business.