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1 year agoSo no source?
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- 9 Comments
Joined 1 year ago
Cake day: June 25th, 2023
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The actual colonialism happening in Taiwan is what US has been doing there since WW2.
So the US is still colonizing Taiwan? How did they even “colonize” Taiwan?
There are tent cities all over G7 countries right now.
Source? I call bullshit.
01·1 year ago🇹🇼
Thats what a fake communist would say to be honest. Real communists dont use phones made by american companies. You just play make believe if you use a product made by americans. Why not buy a cheap chinese phone? Or a nice fairphone?
So many options, but you would have to give up your capitalistic luxuries.
African countries are foregoing Western investment because of the number of strings attached
What strings?
here’s a (very) competitive interest rate
IMF loans are cheaper. Every person with two braincells will realize corrupt officials will take the chinese loans with higher interest rates because of the bribes. A 90 year maintenance contract is nonsense and you cant defend it.
Im scared for the countries getting caught in Chinas debt trap. With maintenance contracts being forced (for more than 90 years!), billions in outstanding loans in each country there is no way to climb out the hole. Everyone can see these extravaganza projects are not what Africa needs, but what China wants.
It is a good thing. You shouldnt look at total debt, but the service costs of holding such debts. A country with massive debt doesnt pay it, it will refinance it. We figured out about 5 years ago that debt isnt finite for a country. Op is a meme poster with zero clue on how money works.
Its free to read and you can inform yourself on why you shouldn’t worry about these things.
Looking at the replies from OP he doesnt really grasp how debt works so I wouldnt listen to his odd takes.
Are these said researchers? Might explain why they are rushing home.
https://www.bbc.com/news/world-asia-china-64206950
“The information Zheng stole was related to the design and manufacture of gas and steam turbines, including turbine blades and turbine seals. Considered to be worth millions, it was sent to his accomplice in China. It would ultimately benefit the Chinese government, as well as China-based companies and universities.”