The problem rathers in the digital currency. There's not founded and trusted found as metals or assets to support it. Mr. JP Its a dinosaur on economics. He knows what he is talking about.
JPモルガンがそれと運命を共にした時がアメリカの破綻か⁉️🤣
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Former Obama economic advisor: Here's why Howard Schultz is wrong on debtHoward Schultz, the former Starbucks CEO, threw his hat into the ring of 2020 presidential contenders with a call to confront the nation's debt problems. But former Obama administration official Jason Furman told CNBC the billionaire's got it wrong. CNBC Are you familiar with the economy of the Obama administration? Just BS
Source: CNBC - 🏆 12. / 72 Read more »
Sri Lanka, Deep in Debt, Turns Increasingly to China for LoansSri Lanka’s recent political turbulence has forced it to borrow more from China as it scrambles to raise enough foreign currency to meet its first-quarter debt payments. Asad_Umar They don’t seem to want to learn from the past
Source: WSJ - 🏆 98. / 63 Read more »
Sri Lanka seeks $1 billion loan from China amid debt woesCOLOMBO, Sri Lanka (AP) — Sri Lanka is negotiating a $1 billion loan from China to construct a highway linking the capital Colombo to the hilly resort city of Kandy, even as the heavily-indebted South Asian island nation makes arrangements to pay down $5.9 billion in foreign loans this year. Finance Ministry spokesman M.R. Hasan said Saturday that he's waiting to hear whether terms of the loan for the highway project have been approved. A large chunk of Sri Lanka's foreign debt is from China, which sees Sri Lanka as a key link in its transcontinental Belt and Road infrastructure initiative. Sri show me Gillian Anderson bikini This is China's plan with the One Belt One Road initiative, take over critical infrastructure in many countries neighboring China. They are taking over countries. Will prove to be a very costly loan for Sri Lanka.
Source: AP - 🏆 728. / 51 Read more »