Audio Mises Wire

No Monetary or Political Bailouts for Belt-and-Road Initiative Debtors

Audio Mises Wire
Jeremy E. Powell

The countries have changed, but the story remains the same. Wealthier countries try to “invest” by lending money to African regimes, where the money disappears. This time, China is the big lender.

Original Article: No Monetary or Political Bailouts for Belt-and-Road Initiative Debtors