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by thriftwy 947 days ago
This starts to sound like a for-profit scheme of the USA.

Having problems with debt? Loan a LatAm country $100B to fuel their economy. Does wonders to balance sheets.

1 comments

Compared to China loaning to African countries to buy UN votes? It works wonders for China.
China loaning USD to Africa is even better for the US. They get to consume the equivalent of that amount of cash - it will not be redeemed for some time now.