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Real debt trap: Sri Lanka owes vast majority to West, not China episode artwork

EPISODE · Jul 12, 2022 · 36 MIN

Real debt trap: Sri Lanka owes vast majority to West, not China

from Geopolitical Economy Report · host Ben Norton

Sri Lanka owes 81% of its external debt to US and European financial institutions and Western allies Japan and India. China owns just 10%. But Washington blames imaginary “Chinese debt traps” for the nation’s crisis, as it considers a 17th IMF structural adjustment program. VIDEO: https://youtube.com/watch?v=U52tT5hgtSk SOURCES here: https://multipolarista.com/2022/07/11/debt-trap-sri-lanka-west-china

What this episode covers

Sri Lanka owes 81% of its external debt to US and European financial institutions and Western allies Japan and India. China owns just 10%. But Washington blames imaginary “Chinese debt traps” for the nation’s crisis, as it considers a 17th IMF structural adjustment program. VIDEO: https://youtube.com/watch?v=U52tT5hgtSk SOURCES here: https://multipolarista.com/2022/07/11/debt-trap-sri-lanka-west-china

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Real debt trap: Sri Lanka owes vast majority to West, not China

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This episode is 36 minutes long.

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This episode was published on July 12, 2022.

What is this episode about?

Sri Lanka owes 81% of its external debt to US and European financial institutions and Western allies Japan and India. China owns just 10%. But Washington blames imaginary “Chinese debt traps” for the nation’s crisis, as it considers a 17th IMF...

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