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Biden betrays US by bowing to China's demand for IMF expansion of "special drawing rights"


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2021 Mar 29, 6:49pm   293 views  8 comments

by Patrick   ➕follow (55)   💰tip   ignore  

https://www.heritage.org/monetary-policy/commentary/will-biden-force-us-taxpayers-fund-massive-international-monetary-fund

The SDR expansion proposal has been circulating for years, lately under the pretext of aiding developing countries affected by the pandemic.

Expanding SDRs would open the IMF’s front door to many more morally hazardous bailouts—even to oppressive and/or corrupt regimes.

The potential SDR windfall for China could run into the hundreds of billions—and Beijing’s debt-trap diplomacy could continue apace.


Trump was opposed because the IMF's "SDR" currency undermines the US dollar.

Immediately after getting elected, Biden appointed Janet Yellin who immediately bent America over for China and yelled "Come and get it!"

Comments 1 - 8 of 8        Search these comments

1   Eric Holder   2021 Mar 30, 10:43am  

Zhou Bao Den
2   Ceffer   2021 Mar 30, 4:58pm  

Patrick says
Biden betrays US

There, fixed it. The rest of the script is irrelevant, except maybe, 'continues to betray US'.
3   Onvacation   2021 Apr 13, 3:57pm  

Young Biden knew about selling out his office

original link
4   Hircus   2021 Apr 13, 6:19pm  

"I was ready to prostitute myself"

the good old days before PC speech, when you could say simple, succinct figures of speech that communicated an idea so well.

Now, saying such a thing is "oppressive to womyn" and opposes their empowerment.
5   FortwayeAsFuckJoeBiden   2021 Apr 13, 6:31pm  

It’s because people pulling Biden puppet string want this.
6   Patrick   2021 Apr 13, 7:52pm  

He smiled every time he said "prostitute".
7   HeadSet   2021 Apr 14, 6:16am  

I do not disagree with anything Biden said in that clip. Term limits would go a long way to ending the Ho for Yo big donor owned politician.
8   GNL   2021 Apr 14, 6:25am  

HeadSet says
I do not disagree with anything Biden said in that clip. Term limits would go a long way to ending the Ho for Yo big donor owned politician.

Exactly why it will never happen.

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