21 sats \ 2 replies \ @Nuttall 13 Aug \ parent \ on: Tether's Circle of Death econ
Thanks to loans in USD those countries fail in their own currency because you have to pay back the USD loans with USD THAT YOU BORROW AGAIN.
write
preview
10 sats \ 1 reply \ @Cje95 13 Aug
Well the US is consistently forgiving loans so eh. Also if you want money from X country why would they not lend you their own? You went to them did you not?
reply
36 sats \ 0 replies \ @Nuttall 13 Aug
Of someone wants to lend you money is because you have resources that they want for cheap and you are too stupid to understand hegemony.
The central mismanagement of the already mismanaged country are the ones making the decisions not the end users who are tricked into working for a system. Decision makers who are on the take only reap the reward and never the punishment.
reply