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The Belt and Road initiative has been a debt trap for African nations, and countries are increasingly skeptical of signing on. This has been a recurring topic i
by aksss 7y ago
The Belt and Road initiative has been a debt trap for African nations, and countries are increasingly skeptical of signing on. This has been a recurring topic in the Economist for the last year at least.
- mattrp 7y agoI’m curious what happens when Africa defaults on all these loans. Who picks up those pieces and acts as the backstop?