this post was submitted on 31 Mar 2025
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[–] TreadOnMe@hexbear.net 59 points 3 days ago* (last edited 3 days ago) (1 children)

How is forgiving debt, debt-trapping? Hell, most of the Belt and Road doesn't even tie their economy specifically to China, as it is funded by collateralized dollar denominated US debt that China owns. If anything, it is the US attempting to debt trap China (if someone owes you ten dollars that's their problem, if someone owes you a million dollars that is a you problem) and China sharing the burden with other countries, in order to increase overall production and create a shared world economy, you know that thing that you liberals always claim to be a big ol' fan of.