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Home | Mises Library | No Monetary or Political Bailouts for Belt-and-Road Initiative Debtors

No Monetary or Political Bailouts for Belt-and-Road Initiative Debtors

Audio Mises Wire

Tags Big GovernmentCronyism and CorporatismSocialismWar and Foreign Policy

11/11/2023Jeremy Powell
Narrator: 
Millian Quinteros

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.

Original Article: No Monetary or Political Bailouts for Belt-and-Road Initiative Debtors

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Author:

Jeremy Powell

Jeremy Powell is a blogger on Substack, His X (formerly Twitter) handle is @jpowell145.

Creative Commons Licence
 
Original Article: 
No Monetary or Political Bailouts for Belt-and-Road Initiative Debtors