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uhsguy  ·  541 days ago  ·  link  ·    ·  parent  ·  post: China is calling in loans to dozens of countries from Pakistan to Kenya

I’m not really surprised that it’s happening but I do find it interesting that it’s happening now. Like you said the world bank has been doing this shit forever and now the Chinese are doing what they do best, copying what we do. What I find insightful about this article is that we’re 3-6 months away from major defaults in a number of developing nations, which probably means we’re 9-18 months from a few more armed conflicts popping up.

At that point the Chinese might get an opportunity to show off all that military tech they have been ripping off us and buying from the Russians. They are kind of due for show off force “peace keeping” demonstration as their capability has gotten quite impressive and they probably needs a practice run for Taiwan.