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Cauf Skiviers's avatar

The article makes some excellent points. China knows the game. They lend with a quiet nod, a sly wink—money handed over with strings no one sees. And these nations with pockets full of holes and hands shaking for more, they bite. They bite because the bait is sweet, and the hook, it's hidden deep.

Unlike the IMF and World Bank, the Chinese don’t ask for covenants. They ask for collateral. It’s a chessboard, and they want to hold the queens.

A mine, a power plant, or, let's say, the Panama Canal—these are chips in a high stakes pot. And when the debts go unpaid, as they always do, China cashes in. Not just on land and metal, but on leverage. Leverage to bend a nation, maybe even to ignite fires of political unrest if it suits them.

So it goes. A loan here, a port there, until the map’s redrawn with debts and the debtors can’t remember freedom.

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R. Michael Poe's avatar

If we Texans only had a real Governer with some ba**'s.

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