"Lures"? If this was a SV company it would be "empowering consumers" lmao
It's designed to make fish want to bite it and then the hooks dig in to them. Trapping them.
In american english, lure has negative connotations - like pedophiles luring children with candy or human traffickers luring vulnerable people with the false hope of a better life elsewhere.
I don't think people who read the headline came away with a positive view of Ant's $7 Credit Limit.
"FedEx lures sellers with two-day air shipping after Amazon contract ends"
"Cloudflare goes big on serverless with new CLI, lures devs with free tier"
"Shopping for nostalgia: Toys R Us lures Michigan fans to Canada"
"A ‘Honking Big’ Cave in Canada Lures Geologists to Its Mouth"
"North of Netherlands Lures Elon Musk with Billboards"
Is two-day air shipping bad for sellers? Is signing up for Cloudflare's free tier a mistake? Is Canada a dangerous country full of toys and geologist-swallowing caves? Will visiting the north of the Netherlands be the end of Elon Musk?
That's the wet dream of western credit card companies.
Sure in some perspective getting people not used to debt at all to easily overspend might be called empowering from a twisted neoliberal point of view.
Seeing everything from a US-centric view really not make sense here, since nothing comparable to this exists in America, and because microloans like this are a lot more meaningful to people in other parts of the world.
If you want to say that QE is "neoliberal" and that this is sort of like QE except bottom up instead of top down, I guess I could see your point although I would argue that it's convoluted because the bottom up vs. top down is a major distinction that no longer makes the two similar.
Also, I disagree that predatory lending is a cornerstone of the modern Democratic party, but that's neither here nor there.
It's even worse when it comes to international news. How many times has china "conquered the middle east" or "colonized africa"? A lot more than you think if you follow the news.
"China's latest conquest: Middle East power broker - commentary"
https://www.cnbc.com/2018/06/28/chinas-latest-conquest-middl...
China is "colonizing" africa.
"China raises fears of 'new colonialism' with $60 billion..."
https://www.telegraph.co.uk/news/2018/09/03/china-invest-60-...
When we actually invade and conquer the middle east, the media portrays it as "bringing freedom". When we actually colonize africa, the media portrays it as "aid".
Of course it isn't just the west spreading propaganda, china does it also. It's why it comes to geopolitical or controversial events, you need a wide variety propaganda to get as honest an assessment as possible because every side lies about something and is honest about other things.
In this day and age, I don't think a name is guaranteed to tell you much about a person. It's a bit fallacious to say "she has a Chinese name, so she's probably not against China."
She could be from Taiwan or Hong Kong, both of which have plenty of reasons not to like China. She could also have been born and raised by Chinese, Taiwanese, or Hong Kong parents in any other country.
I have an incredibly "white" name, but I'm ethnically Korean. I know I'm an outlier, but it gives me first-hand knowledge that using names to assume things about people's ethnicity (and from that, their beliefs) is not a good tactic.
In order to encourage a failing economy, trap more consumers in debt (China has an outrageous 400%+ total debt to gdp) and prevent unrest, CCP is giving a $7 credit limit to its 700M people in poverty. Whether it works or not is debatable, as Chinese consumers are already neck deep in debt and hurting from rising inflation