• ohulancutash@feddit.uk
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    3 days ago

    The sorts of countries involved can’t necessarily afford the loans. This is going to have a big negative impact in the developing world.

    • gusgalarnyk@lemmy.world
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      3 days ago

      Ya, that’s the sort of underhand cruelty that I expect from a centralist party. I can understand the desire for countries to put most of their money to local projects, but I have no doubt this was a small portion. These sorts of projects have high returns on several important metrics, not even accounting for the impact the western world has had on the southern countries we pillaged.

      • ohulancutash@feddit.uk
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        3 days ago

        Burnham has promised a lot, but Britain is broke. Every wonderous policy is going to have to come from cuts. He’s signalled a massive investment in defence, and that’s going to hit welfare hard.

        • gusgalarnyk@lemmy.world
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          3 days ago

          “… (Has) To come from cuts” is not how I would put it. Britain could tax the ultra-wealthy out of existence and remove housing as an investment vehicle and they’d be able to leave welfare intact. Every dollar taken out of the quality of living of the average citizen is a choice to give that dollar to the rich. Conservative governments shouldn’t be allowed to do this and people need to be educated on what wealth inequality means for the average Joe.

          #TaxWealthNotWork

            • gusgalarnyk@lemmy.world
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              2 days ago

              3 years is absolutely plenty of time to get the ball rolling and potentially even complete the task. If we prematurely say to only the things that would improve our lives “they’re too unrealistic” then those things will face friction worse ideas don’t have to.

              Be the change you want to see in the world and stop assuming good things are too hard to complete.