Xiden to spend 200 Billion on global infrastructure.

AMart

Diamond Member
Dec 29, 2020
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America last. Pulling a page from the China playbook.

  • G7 leaders unveiled a $600 billion plan to take on China's massive infrastructure projects at their summit in Germany on Sunday afternoon
  • It comes amid growing alarm that Beijing is winning influence by building roads, bridges and airports throughout the developing world
  • The White House said Biden is committing $200 billion for the initiative
  • They include solar projects in Angola and a vaccine plant in Senegal
  • Officials said they offered a better deal than China's debt-laden projects
The White House announced plans on Sunday to raise $200 billion for solar projects in Angola, an undersea telecommunications cable linking the Far East with France via Egypt, and nuclear power production in Romania as part of a huge G7 infrastructure plan designed to compete with China's massive Belt and Road initiative.

The proposals were unveiled on the first day of the G7 summit in Germany, where world leaders met to discuss the global economy and Russia's war in Ukraine.

In all, G7 nations will commit $600 billion to the effort over the next five years, President Joe Biden announced, calling the investment a humanitarian, economic and security concern.

Biden spoke with the rest of G7 leadership standing behind him, the Bavarian Alps visible in the distance.

'Developing countries often lack the central infrastructure to help navigate global shocks, like a pandemic, so they feel the impacts were acutely, and they have a harder time recovering,' he said. 'That's not just humanitarian concern. It's an economic and a security concern for all of us.'

The money will be spent in a variety of sectors, including health, climate, energy and gender equity.

'These strategic investments are areas of critical to sustainable development, and our shared global stability, health and health security, digital connectivity, gender equality and equity, climate and energy security,' Biden said.

He argued the investment would boost the U.S. economy and economies around the world.

'I want to be clear this isn't charity. It's an investment that will deliver returns for everyone, including the American people and the people of all our nations. It will boost all of our economies. It's a chance for us to share our positive vision for the future,' he said.

The White House said its $200 billion in grants and federal financing would help low income countries meet their economic and national security needs.

'And this will only be the beginning: the United States and its G7 partners will also seek to mobilize hundreds of billions in additional capital from other like-minded partners, multilateral development banks, development finance institutions, sovereign wealth funds, and more,' said the White House.

Biden named the idea 'Build Back Better World' - after his troubled domestic agenda - when he introduced it at last year's G7 summit.

Now it is called the Partnership for Global Infrastructure.
 
Maybe they are going to build some of those cool sideways chi-com apartment buildings with money we don't have.

OIP.lF7lqx0ktaJqCgNi1p-J_AHaEK
 
America last. Pulling a page from the China playbook.

While I think that it is a fools game to try and beat China at their own game, I have to wonder if the OP thinks that China is putting itself last with all the spending it does around the world?

When China agreed to help Brazil build a railroad from the soybean growing regions to the ports that ship the grain away, were they putting China last?
 
America last. Pulling a page from the China playbook.

  • G7 leaders unveiled a $600 billion plan to take on China's massive infrastructure projects at their summit in Germany on Sunday afternoon
  • It comes amid growing alarm that Beijing is winning influence by building roads, bridges and airports throughout the developing world
  • The White House said Biden is committing $200 billion for the initiative
  • They include solar projects in Angola and a vaccine plant in Senegal
  • Officials said they offered a better deal than China's debt-laden projects
The White House announced plans on Sunday to raise $200 billion for solar projects in Angola, an undersea telecommunications cable linking the Far East with France via Egypt, and nuclear power production in Romania as part of a huge G7 infrastructure plan designed to compete with China's massive Belt and Road initiative.

The proposals were unveiled on the first day of the G7 summit in Germany, where world leaders met to discuss the global economy and Russia's war in Ukraine.

In all, G7 nations will commit $600 billion to the effort over the next five years, President Joe Biden announced, calling the investment a humanitarian, economic and security concern.

Biden spoke with the rest of G7 leadership standing behind him, the Bavarian Alps visible in the distance.

'Developing countries often lack the central infrastructure to help navigate global shocks, like a pandemic, so they feel the impacts were acutely, and they have a harder time recovering,' he said. 'That's not just humanitarian concern. It's an economic and a security concern for all of us.'

The money will be spent in a variety of sectors, including health, climate, energy and gender equity.

'These strategic investments are areas of critical to sustainable development, and our shared global stability, health and health security, digital connectivity, gender equality and equity, climate and energy security,' Biden said.

He argued the investment would boost the U.S. economy and economies around the world.

'I want to be clear this isn't charity. It's an investment that will deliver returns for everyone, including the American people and the people of all our nations. It will boost all of our economies. It's a chance for us to share our positive vision for the future,' he said.

The White House said its $200 billion in grants and federal financing would help low income countries meet their economic and national security needs.

'And this will only be the beginning: the United States and its G7 partners will also seek to mobilize hundreds of billions in additional capital from other like-minded partners, multilateral development banks, development finance institutions, sovereign wealth funds, and more,' said the White House.

Biden named the idea 'Build Back Better World' - after his troubled domestic agenda - when he introduced it at last year's G7 summit.

Now it is called the Partnership for Global Infrastructure.
So we are $30 trillion in debt and this dumbass sonofabitch wants to spend our children's money to give welfare to Third World shitholes?

That is what happens when Globalist steal and election.
 
America last. Pulling a page from the China playbook.

  • G7 leaders unveiled a $600 billion plan to take on China's massive infrastructure projects at their summit in Germany on Sunday afternoon
  • It comes amid growing alarm that Beijing is winning influence by building roads, bridges and airports throughout the developing world
  • The White House said Biden is committing $200 billion for the initiative
  • They include solar projects in Angola and a vaccine plant in Senegal
  • Officials said they offered a better deal than China's debt-laden projects
The White House announced plans on Sunday to raise $200 billion for solar projects in Angola, an undersea telecommunications cable linking the Far East with France via Egypt, and nuclear power production in Romania as part of a huge G7 infrastructure plan designed to compete with China's massive Belt and Road initiative.

The proposals were unveiled on the first day of the G7 summit in Germany, where world leaders met to discuss the global economy and Russia's war in Ukraine.

In all, G7 nations will commit $600 billion to the effort over the next five years, President Joe Biden announced, calling the investment a humanitarian, economic and security concern.

Biden spoke with the rest of G7 leadership standing behind him, the Bavarian Alps visible in the distance.

'Developing countries often lack the central infrastructure to help navigate global shocks, like a pandemic, so they feel the impacts were acutely, and they have a harder time recovering,' he said. 'That's not just humanitarian concern. It's an economic and a security concern for all of us.'

The money will be spent in a variety of sectors, including health, climate, energy and gender equity.

'These strategic investments are areas of critical to sustainable development, and our shared global stability, health and health security, digital connectivity, gender equality and equity, climate and energy security,' Biden said.

He argued the investment would boost the U.S. economy and economies around the world.

'I want to be clear this isn't charity. It's an investment that will deliver returns for everyone, including the American people and the people of all our nations. It will boost all of our economies. It's a chance for us to share our positive vision for the future,' he said.

The White House said its $200 billion in grants and federal financing would help low income countries meet their economic and national security needs.

'And this will only be the beginning: the United States and its G7 partners will also seek to mobilize hundreds of billions in additional capital from other like-minded partners, multilateral development banks, development finance institutions, sovereign wealth funds, and more,' said the White House.

Biden named the idea 'Build Back Better World' - after his troubled domestic agenda - when he introduced it at last year's G7 summit.

Now it is called the Partnership for Global Infrastructure.
Democrats hate America. How much proof does one need?
 
What part of "its money we don't have" don't you understand?

I fully understand it. It is just hard to keep from rolling on the ground laughing at you all suddenly caring about wasteful spending and the debt when you were all quiet as a church mouse for 4 years.

You do not really expect to be taken seriously now, do you?
 
I fully understand it. It is just hard to keep from rolling on the ground laughing at you all suddenly caring about wasteful spending and the debt when you were all quiet as a church mouse for 4 years.

You do not really expect to be taken seriously now, do you?
Aint that the truth.

They never care about spending when they blow through money like a drunk sailor. How many hundreds of billions did Republicans fritter away in Iraq? Oh, that's right, over a trillion. And counting.
 
America last. Pulling a page from the China playbook.

  • G7 leaders unveiled a $600 billion plan to take on China's massive infrastructure projects at their summit in Germany on Sunday afternoon
  • It comes amid growing alarm that Beijing is winning influence by building roads, bridges and airports throughout the developing world
  • The White House said Biden is committing $200 billion for the initiative
  • They include solar projects in Angola and a vaccine plant in Senegal
  • Officials said they offered a better deal than China's debt-laden projects
The White House announced plans on Sunday to raise $200 billion for solar projects in Angola, an undersea telecommunications cable linking the Far East with France via Egypt, and nuclear power production in Romania as part of a huge G7 infrastructure plan designed to compete with China's massive Belt and Road initiative.

The proposals were unveiled on the first day of the G7 summit in Germany, where world leaders met to discuss the global economy and Russia's war in Ukraine.

In all, G7 nations will commit $600 billion to the effort over the next five years, President Joe Biden announced, calling the investment a humanitarian, economic and security concern.

Biden spoke with the rest of G7 leadership standing behind him, the Bavarian Alps visible in the distance.

'Developing countries often lack the central infrastructure to help navigate global shocks, like a pandemic, so they feel the impacts were acutely, and they have a harder time recovering,' he said. 'That's not just humanitarian concern. It's an economic and a security concern for all of us.'

The money will be spent in a variety of sectors, including health, climate, energy and gender equity.

'These strategic investments are areas of critical to sustainable development, and our shared global stability, health and health security, digital connectivity, gender equality and equity, climate and energy security,' Biden said.

He argued the investment would boost the U.S. economy and economies around the world.

'I want to be clear this isn't charity. It's an investment that will deliver returns for everyone, including the American people and the people of all our nations. It will boost all of our economies. It's a chance for us to share our positive vision for the future,' he said.

The White House said its $200 billion in grants and federal financing would help low income countries meet their economic and national security needs.

'And this will only be the beginning: the United States and its G7 partners will also seek to mobilize hundreds of billions in additional capital from other like-minded partners, multilateral development banks, development finance institutions, sovereign wealth funds, and more,' said the White House.

Biden named the idea 'Build Back Better World' - after his troubled domestic agenda - when he introduced it at last year's G7 summit.

Now it is called the Partnership for Global Infrastructure.
I'll have to think on this one. China is a seriously major threat and they have been expanding their influence all around the world. That's not good.
 
While I think that it is a fools game to try and beat China at their own game, I have to wonder if the OP thinks that China is putting itself last with all the spending it does around the world?

When China agreed to help Brazil build a railroad from the soybean growing regions to the ports that ship the grain away, were they putting China last?
China is slowly pushing it role as a potential world power. The top power. Top dog, numero uno, the big cheese.
 
I fully understand it. It is just hard to keep from rolling on the ground laughing at you all suddenly caring about wasteful spending and the debt when you were all quiet as a church mouse for 4 years.
You do not really expect to be taken seriously now, do you?
Its real funny until it isn't.
SS is going bankrupt
Medicare is going bankrupt
The DEBT is $30T and climbing...and the US is wasting 'mo money.

It won't be long until the Yuan replaces the dollar, then we'll see how much the dollar is actually worth.
 
China is slowly pushing it role as a potential world power. The top power. Top dog, numero uno, the big cheese.

Yes, I know. They have been for decades. Places we look at as just full of savages living in mud huts they see as future customers.

Like them or not, China has a far better grasp of doing things for the future than we do
 
Its real funny until it isn't.
SS is going bankrupt
Medicare is going bankrupt
The DEBT is $30T and climbing...and the US is wasting 'mo money.

It won't be long until the Yuan replaces the dollar, then we'll see how much the dollar is actually worth.

Once again, had you made a post like this while your god was in office you might have some small bit of credibility now.

but you didn't, so you don't.
 
Once again, had you made a post like this while your god was in office you might have some small bit of credibility now. but you didn't, so you don't.
If you actually read my posts back then you would know that I opposed the tax cuts based on a much too optimistic GDP growth rate of 5%.
So I do have credibility to call wasteful spending when I see it.
SS is going bankrupt
Medicare is going bankrupt
The democrats' wasteful spending on global "Solyndras" is criminal.
 
If you actually read my posts back then you would know that I opposed the tax cuts based on a much too optimistic GDP growth rate of 5%.
So I do have credibility to call wasteful spending when I see it.
SS is going bankrupt
Medicare is going bankrupt
The democrats' wasteful spending on global "Solyndras" is criminal.

So, you complained once about tax cuts but not about the actual spending for 4 years. Did you complain about the 4 largest budget request in history being submitted by the man you voted for?

Did you complain when he spent almost as much playing golf as Biden want to spend trying to slow the Chinese expansion?
 
So, you complained once about tax cuts but not about the actual spending for 4 years. Did you complain about the 4 largest budget request in history being submitted by the man you voted for?
Did you complain when he spent almost as much playing golf as Biden want to spend trying to slow the Chinese expansion?
Democrats controlled the House, remember?? Those two stupid impeachments?
You refuse to admit to the democrats wasting $200b in Africa?! That's an easy one.
At least Trump spent the US tax dollars in the USA unlike Xiden and the democrats.
 
Democrats controlled the House, remember?? Those two stupid impeachments?
Glad you can't face up to democrats wasting $200b in Africa.
At least Trump spent the US tax dollars in the USA unlike Xiden and the democrats.

For two of the 4 years.

But control of the house does not dictate how much the sitting POTUS ask for
 

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