Real debt trap: Sri Lanka owes vast majority to West, not China
Sri Lanka owes 81% of its external debt to US and…
Geopolitical Economy Report · Ben Norton
July 12, 202236m 46s
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Show Notes
Sri Lanka owes 81% of its external debt to US and European financial institutions and Western allies Japan and India. China owns just 10%. But Washington blames imaginary “Chinese debt traps” for the nation’s crisis, as it considers a 17th IMF structural adjustment program.
VIDEO: https://youtube.com/watch?v=U52tT5hgtSk
SOURCES here: https://multipolarista.com/2022/07/11/debt-trap-sri-lanka-west-china