wakoinc on Nostr: In case anyone thinks the IMF announcing new funding for a country (like Ukraine) - ...

In case anyone thinks the IMF announcing new funding for a country (like Ukraine) - and making it sound like a philanthropic gift - it’s actually debt with a repayment plan.

The IMF is no different to a loan shark, or collecting a royalty on all future financial recovery and growth - and takes decades to repay. Plus they seek extra control.. debt with hidden “we are the captain now” terms.

Plenty of books explain the IMF trap and global misdeeds if you’d like to learn more. https://en.m.wikipedia.org/wiki/Confessions_of_an_Economic_Hit_Man

Note: To be clear, I fully support assistance to rebuild countries after and during war. I don’t support the opportunistic parasitic ‘world funds’ that market themselves as saviours - yet are not close.

https://www.imf.org/external/np/fin/tad/extforth.aspx?memberkey1=993&category=forth&year=2011&trxtype=repchg&overforth=f&schedule=exp&extend=y