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Titanium Rain
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Comments by "Titanium Rain" (@ChucksSEADnDEAD) on "Why China Is Collapsing: The Coming Economic Crisis" video.
Yes. There's reasons why countries could not want to do it (interest rates, when the debt needs to be paid, etc) but if mutually beneficial it's possible.
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It's 2008 levels of bad lol
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Several Russian industries have collapsed in output, train cars retired because of the lack of bearings, aircraft put aside to serve as parts donors to be cannibalized, etc.
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@elliekwong3180 The IMF/World Bank make sure a country has the conditions to pay back. You're saying countries have to give up their sovereignty, but whoever is giving out loans has sovereignty over their own money too.
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A billion is enough to pay the wages of maybe like 100,000 people. In a country with over a billion. That's significant, but chump change in the grand scheme of things.
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@lainswrld1654 You could say the same about the USSR in 1991. It had been around for longer than many people. Then it was no more.
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In the last 20 years people were gushing about the never ending growth of China. Don't try to retroactively change the mainstream opinion now.
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@sahar1213 What do military interventions have to do with loans?
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@sieveign How is it imperialism to say "okay you get money but you can't remain a backwater"?
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