Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Defaults begin
>
Reply to Thread
Message:
<p>[QUOTE="furryfrog02, post: 5124467, member: 41219"]Oh, I'm not saying it isn't the government of Zambia's fault. They, along with a lot of other African countries' leaders are corrupt and have no problem stealing from the country's coffers.</p><p><br /></p><p>That being said, countries, namely China in Africa's case, come in with all this money to throw at developing countries who most of the time can't afford to pay back the loans. It reminds me of loan sharking. Then China swoops in and takes over whatever stuff that money was put towards, ports, industries, etc...</p><p><br /></p><p>I think it is on both parties, the governments of these nations, and the predatory lenders. Both sides are shady and it is the common every day populace who suffers for it. It's a shame.[/QUOTE]</p><p><br /></p>
[QUOTE="furryfrog02, post: 5124467, member: 41219"]Oh, I'm not saying it isn't the government of Zambia's fault. They, along with a lot of other African countries' leaders are corrupt and have no problem stealing from the country's coffers. That being said, countries, namely China in Africa's case, come in with all this money to throw at developing countries who most of the time can't afford to pay back the loans. It reminds me of loan sharking. Then China swoops in and takes over whatever stuff that money was put towards, ports, industries, etc... I think it is on both parties, the governments of these nations, and the predatory lenders. Both sides are shady and it is the common every day populace who suffers for it. It's a shame.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Defaults begin
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...