Mises Media
Mises Media
Mises Institute
No Monetary or Political Bailouts for Belt-and-Road Initiative Debtors
1 seconds Posted Nov 11, 2023 at 8:00 pm.
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The countries have changed, but the story remains the same. Wealthier countries try to “invest” by lending money to African regimes, where the money disappears. This time, China is the big lender.