Posted on 06/12/2021 10:21:42 AM PDT by Rusty0604
President Joe Biden will announce during talks with world leaders at the G7 summit on Saturday a global $40 trillion infrastructure plan to “Build Back Better for the World.”
During their meeting, World leaders at the G7 summit plan to meet about the importance of a “fair, sustainable, inclusive global economy,” including a discussion about China.
Biden’s plan would offer a different option for the world, the official noted, competing with China by offering a plan with the “highest labor and environmental standards.”
“This is about providing an affirmative, positive, alternative vision for the world than that is presented by China and, in some similar ways but also in some different ways, Russia,” the official said.
The White House stated that Biden would work with Congress to increase overseas infrastructure financing and coordinate funding from other G7 nations and the private sector to help fund infrastructure for low- and middle-income countries.
They cited a needed $40 trillion investment estimation by the World Bank through 2035 for their price tag.
“[W]e’re aiming for an ambitious and credible scale,” an official said.
(Excerpt) Read more at breitbart.com ...
China should pay for all of it!
Of course the big guy gets his cut.
I saw the portrait of the G7 “leaders.” What a disgusting collection of liberals whose only claim to fame is destroying western civilization.
Oh, sure—and the USA will pay approximately $39.5T of the total...
effing bastid
Good! Let the rest of the world pay for it; this turnip is tapped out!
The economies of the G-7 nations are out of gas. The only way for them to grow is to invest euros, yen and dollars in other places.
Just in case anyone was wondering what "globalism" is really all about. It's about adding to our empire without adding new U.S. states -- by turning foreign countries into trading partners who use the U.S. dollar instead of their own currencies.
We’ve got printing presses! The other leaders are feeling like kids in a candy store and it’s all free!
You will own nothing and you’ll be happy
The White House stated that Biden would work with Congress to increase overseas infrastructure financing and coordinate funding from other G7 nations and the private sector to help fund infrastructure for low- and middle-income countries.
—
So blowing 4 or 8 trillion at a time is not enough. Biden wants to ramp up to 40 trillion. That should help ramp up inflation into double-digits in no time.
Six months in and I’m seriously sick of Biden, and more sick of the sycophant press.
The White House stated that Biden would work with Congress to increase overseas infrastructure financing and coordinate funding from other G7 nations and the private sector to help fund infrastructure for low- and middle-income countries.
They cited a needed $40 trillion investment estimation by the World Bank through 2035 for their price tag.
“[W]e’re aiming for an ambitious and credible scale,” an official said.
Biden is planning building world infrastructure..hahahahaha
This from a man who never had a job outside of politics his entire life. Biden could not build a lemonade stand which can function properly.
I saw that but the article wasn’t posted.
$40T?
What a lightweight!
/s
Sounds like Social Justice and Critical Race Theory on a global scale. Ba bye white middle class and eventually upper middle class people. Once they're done nickel and diming the middle class into poorness, they can just cause the USD and/or stock market to crash and break the upper middle class. All while slowly working on depopulation via viruses, jabs, illegal immigration, defund police, less prosecution, allowing riots etc etc.
competing with China by offering a plan with the “highest labor and environmental standards.” , yeah, that will work [/sarc]
Um. No.
He’s going to work with Congress to do this?
Sounds like Social Justice and Critical Race Theory on a global scale.
That’s exactly what this is. Even using the exact, same name that the globalists, at the WEF used.
Coincidence?
I think not.
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