this post was submitted on 03 Dec 2022

11 points (100.0% liked)

World News

32297 readers

976 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

Rumblestiltskin@lemmy.ml

AgreeableLandscape@lemmy.ml

jackmarxist@lemmy.ml

zephyreks@lemmy.ml

OurToothbrush@lemmy.ml

11

China’s Belt and Road Initiative ‘debt trap’ narrative dispelled by US report, but reveals more Sri Lankan debt (archive.ph)

submitted 2 years ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

2 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] knfrmity@lemmygrad.ml 5 points 2 years ago

The US created the debt trap, the US are the masters of the debt trap. They stumbled upon it by accident after WWI, did it on purpose for WWII, and internationally institutionalized it after the war. Every time global conditions shift and stop supporting the current US debt trap model, the US shifts to make sure the debt trap continues.