5 upvotes, 2 direct replies (showing 2)
View submission: The Guardian View on Development’s Paradox: The Rich Benefit More Than The Poor
If loans are so terrible for developing nations, then why do they keep borrowing money? Are they stupid?
Comment by Isle395 at 22/01/2025 at 10:54 UTC
5 upvotes, 0 direct replies
Because 3rd world govts. are looking for short term fixes to get re-elected, and loans are something that begin to show the hurt only once your successors are in
Comment by sirplanalot at 24/01/2025 at 18:31 UTC
1 upvotes, 0 direct replies
Political corruption?