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No, western loan sharks are trying to get chinese loan sharks to forgive more debts via propaganda. There's many more poor countries on the brink of collapse wi
by dirtyid 3y ago
No, western loan sharks are trying to get chinese loan sharks to forgive more debts via propaganda. There's many more poor countries on the brink of collapse with majority % western loans due to covid, a lot of multilateral negotiation on debt forgiveness right now where everyone needs to take haircuts. But west trying to pressure PRC to forgive more / higher burden, and PRC is going lol nope. Some useful idiots buy it, like they do debt trap narrative, meanwhile those in charge still flock to PRC loans where available for infra build up, because no one else, especially west, has capability to stepping up.