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De Omnibus Dubitandum - Lux Veritas

Sunday, January 13, 2019

How to Stop China's Debt-Trap March to World Domination

George Mullen Jan 13, 2019

 For those with their eyes open, China's long-term strategy to achieve worldwide domination is obvious.  It is a basic strategy that has been used for millennia to subjugate others.  It goes as follows: provide loans that are beyond the ability of a distressed or unsophisticated borrower to ever pay back; and when the borrower inevitably falls behind in the required debt-service payments, foreclose and seize the borrower's desirable assets and/or extract wanted concessions. It's called "debt-trapping."

Predators have long used this strategy to turn poor people into indentured servants; payday lenders to get worker's paychecks; monopolies to crush competitors; mafiosos to muscle businesses into their hands; and nations to seize key strategic assets of other nations.

China is currently waging an unprecedented silent global war, using debt-trapping to accomplish what its armies previously did. And China is masking its true intentions by branding its actions with benign terms like the "Belt and Road Initiative" to convince the world of its goodwill and altruistic motivations.......To Read More......

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