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    Laos is spiraling toward a debt crisis as China looms large

    Started by RE Nov 09, 2023, 03:52 AM

    Message path : / Society / The American economy / Economic Errata #27


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    RE

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    Nov 09, 2023, 03:52 AM
    Looks like the Chinese learned the lesson of how to turn small countries in its sphere of influence into perpetual debt slaves just like the IMF has done for the last century in South America, Africa and the Middle East. Somewhere along the way here the CCP changed from Chinese Communist Party" to Chinese Capitalist Party"  ::)

    https://www.cnbc.com/2023/11/09/laos-is-spiraling-toward-a-debt-crisis-as-china-looms-large.html

    Laos is spiraling toward a debt crisis as China looms large

    RE

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