this post was submitted on 20 Nov 2025
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China isn't building trade alliances, they are trapping developing nations in debt traps
¿Por qué no los dos? I mean, if you actually go to developing nations you will see that they are investing into real infrastructure that improves the standards of living dramatically. They also intend to turn some profit off of it. Most likely much of that profit will be in building long-term economic relations, rather than immediate rent-seeking, which can be viewed as "trapping nations in debt traps", or as "investing into development". They also invest with much fewer strings attached compared to IMF, which is a win comparatively speaking.
Why not both? From someone from ML? Really?
So I guess imperialism is all good when China's doing it?
Nah, I mean that what they're doing isn't charity (so they are doing the debt trap thing on some level), but it's also beneficial for populations of countries they invest in, and better than whatever the fuck IMF is doing.
Yeah pretend that you weren't literally just gushing about Chinese imperialism. Lenin would've loved that.
Are you in denial even to yourself?