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Joined 2 years ago
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Cake day: June 29th, 2023

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  • I mean… They’re not exactly hiding it. The expressed purpose of belts and roads is to invest in their infrastructure and partner with them to build industrial capacity. Conveyer belts and roads. They openly state they’re doing it to build up trading partners and global influence

    It’s literally the same thing… Will they be better partners? Hopefully, it’s not exactly a high bar


  • They’re not Marxist-Leninists at all though… They’re just a highly regulated form of capitalism.

    The government doesn’t own Tencent, they just keep a strong grip on them. They have their own billionaires, the factories have owners, companies bid to fulfill government contracts, you apply for a job and get paid what they offer. It’s just capitalism

    Their government does a lot more than in the US and has a lot more influence, and they do influence the market more… But that’s just regulation and public services

    They basically do what we did to tik tok. The US government can revoke a corporate charter for any or no reason, China just actually uses this authority actively


  • Yes, the World Bank and the IMF. I’ve even seen it personally, which is what led me to dig down the rabbit hole - I got interviewed by a world Bank employee to explain why I was installing a system for an airport, and they kept trying to guide me to explain why it was helpful…I couldn’t, because it was only useful if the Internet is down, and if that happens it’s probably not useful because the system had to be taken down if there’s bad weather, and the airport regularly flooded during storms anyways

    They were constant protests and news coverage of projects being pushed on them, and it was an open secret for the airport workers. It was for things they didn’t need or want, even though they had plenty of infrastructure in disrepair already

    Argentina is the classic example, they resisted and had their currency destroyed, which makes international trade hard. Other countries go so deep in debt they have IMF officials installed in their government to implement austerity measures, some even are forced to hand over their currency printing powers

    Sometimes countries get into our good graces, like Peru, and they are let off the treadmill in exchange for beneficial trade deals. That’s after having their resource rights sold off and letting in foreign investments to extract wealth moving forward, but mostly they’re kept in perpetual debt as leverage

    It’s a wild and very deep rabbit hole. The information isn’t hidden, it’s just spun in a positive light


  • Belt and roads is China’s attempt to do exactly what we’ve been doing with the global south, invest for influence and put them on a debt treadmill. Build infrastructure, pressure them to take on more debt with new projects, say it’s time for austerity, open up more foreign investments, use pressure to buy up raw resources, etc

    It’s worth mentioning Coca-Cola… You can get American products everywhere, opening them up as a new market isn’t a different strategy, it’s part of the process