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De Omnibus Dubitandum - Lux Veritas

Friday, May 12, 2023

Colonialism Redux

 

More and more “less-developed” countries are responding favorably to China’s political and financial offers of investment, conflict resolution, an alternative financial non-dollar system, and all-around benign, benevolent, Big Brotherhood.  The Chinese pitch is that it will help you by investing in your roads, ports, and resource development. China sells this in the name of trade: they will provide a market for the resources and pay you for them and you will use that money to buy manufactured products from China.

Trade generates prosperity and you will develop your country, they say. The resources, of course, are those China needs and the roads and ports are required to take the resources out of the country and ship them to China. The Chinese will send a lot of workers and technicians to direct, help, and train local workers to work efficiently on these projects, in order to keep costs low. Of course, to keep discipline among the Chinese workers and protect the locals from any Chinese miscreants, China will send a few military personnel and police to cooperate with local law enforcement to maintain order in the areas where they invest. ...................To Read More...

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