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Economics , Sociology & Politics / Re: China's economy is very sick. What to prepare for?
« on: May 09, 2024, 05:57:27 PM »Yeah and I do hope that no other countries will fall to this kind of thing ever again and other countries that suffers to that may serve as a lesson to leaders who wants to take risks. But in fairness China's technological innovation is at high level despite being targeted by it's oppositions especially in electronics and other sectors though they do have that advantage but they should have lessen it's agressiveness towards it's neighbors so they don't boycott it's products and stuff.....
It is because Chinese government has mastered how to make effective debt trap to discreetly fool third world countries just like what had happened to Sri Lanka because they do have plans and interests that might give them an advantage to their competitors especially militarily.
Exactly, and this "quiet hidden colonization" of third world countries, is far scarier than the days of colonial possessions. As you have noticed - most of the third world countries that got independence never learned to use it, and moreover "got into" even worse history, where you can't get "freedom" anymore. And China, yes, really needs such "debtors", because they need managed "economically dependent colonies" to save their economy, i.e. essentially parasitizing on other countries....