China ‘not to blame’ for African debt crisis, it’s the West: study

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13 points·axiologist··10 comments

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Very superficial. Read here for more nuance https://www.economist.com/special-report/2022-05-28

And who funds "Debt Justice" the org that put out the study. I couldn't find anything on their website.

The article refers numerous times to a study, but no reference link to the actual study is given...

https://debtjustice.org.uk/press-release/african-governments...

That's pretty standard in journalism today IME. They want all your clicks, I guess.

However, it's not hard to find: https://debtjustice.org.uk/press-release/african-governments...

It's neither China nor the West. It's Africa.

We didn't start the fire It was always burning, since the world's been turning

No-one is going to help you in this world. You have to help yourself. Certainly no-one helped China, for instance... Actually, no-one helped the West, either.

So if your government takes unreasonably large loans from foreign powers, whose fault is that?

Whoosh, stop demanding national responsibility for their own actions.

>African governments owe three times more debt to Western banks, asset managers and oil traders than to China, and are charged double the interest rate.

>No-one is going to help you in this world. You have to help yourself. Certainly no-one helped China, for instance...

China's much criticized approach to governance cut off western theft almost completely.

Any African nation attempting the same has its elected leaders assassinated and replaced by western puppets willing to re-enslave the country using unservicable debt.

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