China’s ‘Debt Trap Diplomacy’1 min read
In this episode of the Keiser Report, Max and Stacy discuss the debt trap China is creating via the “One Belt, One Road” initiatve. Goldman Sachs conspiracies are also discussed along with Trump’s blind spot that all global investors should be aware of.
China’s ability to use its growing ‘economic tools’ to promote its geostrategic interests are highlighted, along with why Trump likes to target China.
China’s $1 trillion “One Belt, One Road” initiative, which we wrote about in a Weekly Volume from March of 2016, titled How China Just Neutered America is the tool China is using to implement its debt trap.
China continues to extend loans to governments, the way the United States did throughout much of the 60s, 70s, and 1980s.
Keiser talks about “weaponizing debt” and who may have given them that idea, “except maybe World Bank, IMF, New World Order”. Keiser talks about the U.S. global empire of debt.
With the global currency war heating up, look for America to become more active in blocking lending deals China hopes to structure.
Finally, Keiser talks about Trump’s blind spot…
In the second half, Max continues his interview with Jim Rickards, author of The Road to Ruin, about Donald Trump’s economic policies so far.