They should be taking in predatory imf loans in exchange for handing over control of their industries to MBA finance bros from the West! China is just too good of an example of the sort of quality of life and prosperity the third world can expect when not being colonized by imperialists. I’m keeping my eyes on Burkina Faso. I won’t be surprised when we see similar charts with them compared to the US in a decade or two. Maybe less!
They should be taking in predatory imf loans in exchange for handing over control of their industries to MBA finance bros from the West! China is just too good of an example of the sort of quality of life and prosperity the third world can expect when not being colonized by imperialists. I’m keeping my eyes on Burkina Faso. I won’t be surprised when we see similar charts with them compared to the US in a decade or two. Maybe less!
Good news then. That’s exactly what China is doing. And doing it completely in the yuan as well.
Here’s an article about China and Pakistan doing literally that.
https://english.mathrubhumi.com/news/world/pakistan-secures-37-bn-rmb-loans-from-china-amid-imf-pressure-avoids-us-currency-xd0ivqi3