• linearperk
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    3 years ago

    Every time I read “debt trap” and it isn’t followed or preceded by “IMF” I get a tiny bit more cynical.

    Even a cursory glance at US monetary policy reveals most about what you need to know about so called “debt traps”.

    Folks in the US write best sellers about it every few years (economic hit man, smedley butler, etc) but it never sticks.