Wednesday, December 13, 2023

Debt Trapping

Here is an interesting anti-China screed:

https://www.zerohedge.com/geopolitical/debt-trap-diplomacy-which-developed-countries-are-most-indebted-china

If you've read John Perkins' book Confessions of an Economic Hit Man, you know the West has been doing this for decades. The biggest difference is that the Chinese don't bomb your country and kill your leaders if they refuse to take the bait.

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