Comments by "AQuietNight" (@AQuietNight) on "149 Countries Joined China's Belt and Road (Is the Debt Trap Real?)" video.

  1. It wouldn't take a genius to know getting a port from a country for 99 years for $1.2 billion dollars is a no brainer. From the beginning China knew Sri Lanka would default and they would have a military valuable piece of real estate. Other loans were made to countries that would have a difficult time paying them off.
    2
  2.  @therealdeal2163  The British leased the port of Hong Kong for 99 years and when it returned it back to China, China got back a small industrial giant. China has been lending money to countries that do not have a lot of cash to throw around. So when these countries default, China takes possession of the mortgaged property which will be used to feed the Chinese industrial machine. What Chinese is doing is assembling a transportation machine for their industrial output. They take your raw materials, then send you back cell phones and plastic goods. They also take your crops. To be nice they may buy some of your craft goods and native artworks. Anything else the Chinese industrial machine will stomp out of existence due to their low prices and high volume. One of Xi Jinping's goals is to make sure China builds all it needs so it doesn't have to buy from elsewhere.
    2
  3. In a time of war most countries seize the assets of the offending country. Russia invaded Ukraine and Afghanistan permitted Al-Qaeda to reside in their country in which Al-Qaeda launched an attack against the United States. That money is held in reserve for people who have filed claims against the 9-11 attackers and Afghanistan. Russia invaded a country in which they knew the United States and Europe had an interest in. Russia started the war knowing this. Russia expected no real response but as one can see, they were wrong.
    1
  4. I did read it in the mainstream media and it was evident Sri Lanka could not pay off the loan from the beginning. If you have something China wants they will give you a loan too. And if you can't pay it off, oh well.
    1
  5.  @user-fiF5ei8tyah  No
    1