bs2 · @bsmall2
195 followers · 3346 posts · Server mstdn.jp

A quick search And provides an example:
> A.. [decent] approach might invoke the old-fashioned idea that responsibility falls upon those who borrow and lend. The money was not borrowed by campesinos, assembly plant workers, or slum-dwellers. The mass of the population gained little from the borrowing, indeed often suffered grievously from its effects. But they are to bear the burdens of repayment, along with taxpayers in the West — not the banks who made bad loans or the .. elites..

#Sicartsa

Last updated 3 years ago

bs2 · @bsmall2
195 followers · 3346 posts · Server mstdn.jp

> A recent book from the interviewed executives from and the major bidding firms and their banks in , , , , and the U.S. It found that “neither the sellers, the lenders, nor the exporting government officials would assert that the mill made economic sense. They pursued the transaction, not because of ’s needs, but because of their own needs at home…. Few players carefully analyzed the economics.”
in for bad projects...

#debt #mexico #japan #germany #france #britain #Sicartsa #harvardbusinessschool

Last updated 3 years ago

bs2 · @bsmall2
195 followers · 3346 posts · Server mstdn.jp

> .. the docked.. .. had done.. more than.. arrange private financing: it had helped Davy win the bid in Mexico and win government support back home. Neither the supplier, its banker, nor the government intended to let slip away. came to silence any murmurings of this possibility in or elsewhere.. not many steel mills in backwaters..[get] a defense by the .. devoid of.. sense.
journal.probeinternational.org

#royalfamily #british #mexico #queenelizabeth #Sicartsa #uk #LloydsBankInternational #britannia

Last updated 3 years ago