mmmm
IMF rescue packages come with strings attachedand who controls the IMF??IMFand World Bank Who are the people really running the ...
In 1998, the U.S. held 18% of the votes in theIMFand 15% in the World Bank. Together, the United States, Germany, Japan, the U.K. and Francecontrolabout 40% of the shares in both institutions. With the rest of the shares spread among 175 other member governments, some holding a tiny number of votes, the United States is effectively in charge..
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and posters on here say how china has strings attached to funding of their one belt one road initiative .
the cec report often comment on the one belt one road inititiative - and confront the claims about countries falling into some sort of debt trap to the chinese - and sri lanka is often mentioned ..
here is a good read about sri lankan debt..
https://thediplomat.com/2019/05/is-sri-lanka-really-a-victim-of-chinas-debt-trap/
it seems that only about 10% of sri lankan foreign debt was owed to the chinese - and most of that as concessionary loans..
likewise, all the nonsense about the chinese buying up australia - the chinese are way down the list when it comes to foreign investment in australia
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