Debt Default Among Poorer Countries – Another Banking Spiral…

Source: LRC
Published: Apr 15, 2023
Author: Helena Glass
Post Date: 2023-04-15 01:44:48 by Charles_Byrd
Views: 216

Politico: “Treasury Secretary Janet Yellen and other officials are growing adamant that what they view as China’s hardline approach to lending is squeezing countries and threatening to deepen poverty in Africa and elsewhere.”

The issue with the version presented by the far left Politico is that it is focused exclusively on China instead of the IMF whose inability to provide relief is a paramount concern. By contrast The World Bank would appear to be relatively healthy. The bias places unequal weighting on the scales and thus precludes a whole picture presentation.

Click for Full Text!

Post Comment   Private Reply