The Chinese ‘Debt Trap’ Is a Myth
#1

https://www.theatlantic.com/internationa...cy/617953/
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#2

TS anyhow exposed Sgbutt for believing in the LIES and propagating the LIES!  Rotfl
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#3

This is a non-issue eversince China turns inwards
and form the Gang of 5
Lanka now only got 2 members in parliament totally busted
Going to the IMF is being stupid
she needs to define Money and currency correctly in the new play
and work from there
the other is Peace means deflation
making the 'Debts' becoming as heavy as LEAD.
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#4

you can get infor from here Khazakathan is the input pt from China into OBOR
mid pt between Berlin and Beijin


concerning Germany which got 2 capitals
Russia has Bank changing euro into roubles
playing dirty with Putin means Banskters push out thr. their office windows
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#5

Full report from my old friend from Gold Eagle
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#6

look at all the OBOR or BRI country, 1 by 1 go to hell eventually, from asia to middle east to Europe.
look at HK today, stock market & property crashing down fast, US wait for a best time to unpeg HKD, that is the end of HK financial system & center, all these morons, deserve it.
HK people run away like crazy now, only poor & old cant run will stay on as slavery like china people today eventually, with no freedom & human right, live in fear under PLA.



誰沾上中共誰死?斯里蘭卡經濟崩潰 一帶一路挖了大坑


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#7

The very idea of a China 'debt trap' in itself is an affront to other countries in the first place. It implies that the countries' leaders and citizens cannot think for themselves and need the help of some rich Caucasian in US and Western Europe to teach them in the perils of nation building.

When the US was at the peak of its power with no close competitor and exuded tremendous soft power as a beacon of shinning light, such sanctimonious preaching was somewhat grudgingly accepted by these developing countries. Unfortunately years of internal infighting in US and belligerent foreign policies resulting in mismanaged conflicts worldwide has resulted in a degradation in perception of the so called western values and the unfettered capitalism which they preached.

Combined with China's offer as an alternative investor and the inability of western nations to uplift the living standards of these developing countries after so many years, these 'warnings' now come across as hollow and ill-intentioned. That is why despite relentless screaming and shouting by US and Western Europe, the BRI continues to expand unabated and we now see this comical situation whereby even South American countries that were not part of the original BRI are are signing up pronto.

It's just like business - when you have a monopoly you can abuse the customers in whatever way you want, but once a competitor comes in, the only way to maintain market share is to offer a better price or product. No amount of thrash talking of others is going to get you anywhere.
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#8

(14-04-2022, 10:27 AM)maxsanic Wrote:  The very idea of a China 'debt trap' in itself is an affront to other countries in the first place. It implies that the countries' leaders and citizens cannot think for themselves and need the help of some rich Caucasian in US and Western Europe to teach them in the perils of nation building.

When the US was at the peak of its power with no close competitor and exuded tremendous soft power as a beacon of shinning light, such sanctimonious preaching was somewhat grudgingly accepted by these developing countries. Unfortunately years of internal infighting in US and belligerent foreign policies resulting in mismanaged conflicts worldwide has resulted in a degradation in perception of the so called western values and the unfettered capitalism which they preached.

Combined with China's offer as an alternative investor and the inability of western nations to uplift the living standards of these developing countries after so many years, these 'warnings' now come across as hollow and ill-intentioned. That is why despite relentless screaming and shouting by US and Western Europe, the BRI continues to expand unabated and we now see this comical situation whereby even South American countries that were not part of the original BRI are are signing up pronto.

It's just like business - when you have a monopoly you can abuse the customers in whatever way you want, but once a competitor comes in, the only way to maintain market share is to offer a better price or product. No amount of thrash talking of others is going to get you anywhere.

Big Grin
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#9

Look like China itself is having its own debt problem in recent years.  They are no longer in the same position as before,  having excess money to lend to other countries.   The US-China Trade war has worsened the debt problem.  the clamping down of  Alibaba,  Tencent and the foreign investments in China will worsen the situation further.  China is now "toying" again and going back to the "National Unified Market".  Let's hope they can solve the problem.



https://twitter.com/i/status/1513765607627685890
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#10

https://twitter.com/myfxtrader/status/15...9876092933
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#11

(14-04-2022, 11:21 AM)revealer Wrote:  Look like China itself is having its own debt problem in recent years.  They are no longer in the same position as before,  having excess money to lend to other 


You mean China was strong and mighty before the pandemic?  Thinking Scream
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#12

(14-04-2022, 11:21 AM)revealer Wrote:  Look like China itself is having its own debt problem in recent years.  They are no longer in the same position as before,  having excess money to lend to other countries.   The US-China Trade war has worsened the debt problem.  the clamping down of  Alibaba,  Tencent and the foreign investments in China will worsen the situation further.  China is now "toying" again and going back to the "National Unified Market".  Let's hope they can solve the problem.



https://twitter.com/i/status/1513765607627685890

Macroeconomic debt analysis is one of the interesting areas which I have tried to read up on but still struggle to make head or tail out of it. From my understanding, there are many debt metrices that help to analyze national economic health in a particular dimension and this ratio seems to be the one that is often quoted by western press to project impending China economic implosion.

Honestly I don't know what to make of it because I tried reading some academic articles in economic journals and couldn't get a clear answer what number is considered good, normal or bad or if this particular metric is even a strong indicator of national economic health. If we take a look where all countries in the world stand in terms of this ratio https://data.worldbank.org/indicator/FS....esc=false 

We can see those countries with a low ratio 50 -100 seems to be mostly made up of poorly developed countries, but there are quite a few notable exceptions such as Germany, Austria, Kuwait, Italy, UAE  and Belgium as well. Those from 100 - 150 are very mixed and comprise of highly developed rich countries such as Singapore, France, Canada and UK, middle class countries such as Malaysia, Chile and of course the poor still developing ones like Cambodia, Vietnam, South Africa etc.

Interestingly, the >150 category has way more rich countries than poor ones. The rich ones dominate this list like New Zealand, Denmark, South Korea, Norway, Switzerland, US, Japan, HK/Macau vs only 2 developing countries China and Thailand.

Just a cursory glance of the ratios across countries in the world does not indicate any obvious correlation between this ratio and a country's wealth, economic risk or potential growth. The only conclusion I get is this subject is highly complex and technical in nature or maybe even economics being a soft science limits what insights and predictions we can really derive from it. 

I notice the anti-China media like to use Domestic credit to private sector % GDP while the anti-US ones like to use US National debt % GDP as evidence that the country they dislike to going to collapse soon. I highly suspect these ratios have been badly abused by people with no proper technical expertise to push their own agenda on a layman crowd that has no idea what they even mean other than a hazy concept of debt = owe money = bad.
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#13

https://twitter.com/SpokespersonCHN/stat...7UiY0uAAAA

According to the report by a relevant research institution, China has contributed as much as 63% of the total debt payments suspended under the G20’s Debt Service Suspension Initiative, more than the G7 countries combined.

[Image: Fw0SBBmaMAMQPFn?format=jpg&name=4096x4096]
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#14

Sgbutt should confront G7 to match China 63% debt suspension. 1 for 1.

Sgbutt.... do it NOW !!!


Smile
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#15

(23-05-2023, 10:56 PM)Niubee Wrote:  Sgbutt should confront G7 to match China 63% debt suspension. 1 for 1.

Sgbutt.... do it NOW !!!

Yes! Sgbutt should do it!  Laughing
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