China’s “debt trap” is even worse than we thought

This is how Communist Countries do trade agreements and foreign aid. Each is structured so that the Communist Country comes out ahead substantially if the project succeeds or fails and the developing country is lucky to get anything at all. A lot of these tactics that China uses it learned from Russia and the former Soviet Union. Russia still behaves the same way and Russia views a trade agreement as an opportunity to enrich itself at great cost to the other country signing the agreement. China has signed some of these agreements in Africa as well. Zambia is in trouble as well. Sierra Leone, is the first African country to tell China to take a walk.