they dont have to pay the debts

they can just default

if debts were risk free, they shouldnt even have an interest rate higher than inflation

if they default, they have no more debt!

but the new problem becomes

"who will loan to us now?"

given we have shown ourselves to not repay debts

and thats fine

Default is no solution at all

why lmao

Because after they don't pay back

china allows nations to default

China

Really ?

they let the defaulting countries renegotiate the debt burdens

sometimes they outright forgive the debts

They are not a good loaner

i beg to differ lmao

china are far more lenient than the IMF

Man

https://duckduckgo.com/?q=china+forgives+debt&t=canonical&ia=news

Almost everything that they do is under the table

just have a look at all the results

"china forgives 90 mill debt, provides 15 mill more credit"

They don't give a fuck what you useEthe money for

"china has written off 78 million of cameroon's debt"

"over the last 18 years, china has written off around 9.8 billion in debt to other countries"

You do read a lot

You consider yourself a bookworm?

only recently

ive read 17 books this year

dont get me wrong

china doesnt lend out of the kindness of their heart

17 books

Jeez

Completed them ?

yea

its kind of boring to read one at a time though

so usually its like 2-4 books simultaneously

so it takes 4-8 weeks for that bunch to be read

its only a book every 2 weeks basically