Bigworld, Here's another sign of an awakening within the US / Western elites (link below). But it's going to take a lot more than these piddly efforts. The US / West needs to create a brand new Development Bank, focused on funding emerging country development projects. This is the main appeal of China-Russia-BRICS ---> their BRICS New Development Bank, since the recipient countries get infrastructure, power grids, ports, roads, etc.
The problem with the IMF and World Bank is they are so distrusted and reviled around the world, no one will believe they have changed their stripes. So under newcomer Trump, create a brand new US Development Bank, fund it with the $100-200 bil saved from ending the Ukraine war, and start lending that money to emerging countries around the world for development projects. So out compete China / BRICS, and emerging countries will come back into the US fold. This is all it would take, but there is little time remaining to do it. Having a rebel in the White House will make the new policy more credible. This approach would bypass the discredited IMF / World Bank (widely known as an asset stripping operation), and emerging countries would choose to remain in the US orbit because it's in their own best interests.
Under the new US Development Bank, the terms could match the favorable terms given by China / BRICS, which include --> no IMF type austerity requirement for the recipient country, no attempts to asset strip the country's mineral / natural resources, no attempts to interfere in the country's domestic affairs, etc. In other words --> a fair deal. Imagine that - a non-crooked deal. Those crooked IMF deals could only exist in a unipolar world where there is no funding alternative. That world is gone, so the US has to quickly adapt to the new multi-polar reality, or end up a 'former' empire.
>>> Secretary-General Welcomes IMF Decision Allowing Rechannelling of Special Drawing Rights to Multilateral Development Banks through Hybrid Capital Instruments <<<
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