Re:Six Months into Tariffs, Businesses Have No Idea How to P...
by edmundsauto on Sunday August 31, 2025 @07:24PM
(#45087991)
Debt trap diplomacy is nicely covered in a fun read called Confessions of an Economic Hit Man. Was the standard approach from the US for a while during the Cold War
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Re:Six Months into Tariffs, Businesses Have No Idea How to P...
by mensetmanusman on Sunday August 31, 2025 @08:04PM
(#45088230)
Such a strategy applied only in foreign aid and development lending. all programs combined was about 0.3% of GDP.
U.S. aid was about Cold War geopolitics, China’s BRI is about long-term economic influence via infrastructure debt.