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Gladiator wrote:That debt is actually small compared to what other countries owe China... I mean 2.5bil is only a little over 4% of the annual budget. That is no big deal... Nothing to panic about
antlind wrote:Gladiator wrote:That debt is actually small compared to what other countries owe China... I mean 2.5bil is only a little over 4% of the annual budget. That is no big deal... Nothing to panic about
A more significant concern is the interest rate applied to these debts. Under the current economic climate it could take TT many years to fully pay off this debt to China. Again we see mismanagement of taxpayers money regardless of the administration. What TT badly needs is an alternative to the PNM and UNC.
Lol colon I like that onerspann wrote:Every time colon want to talk about property tax and raising taxes , he prefaces it with how much debt we in and how much trouble Kamla put us in.
The only one that might actually be of worth is the hospital.Les Bain wrote:So in layman terms we owe China 2.3 billion for a list of things that are no longer used, have never been used, or hardly ever used?
didn't realize memes were actually fact based nowurbandilema wrote:Lol colon I like that onerspann wrote:Every time colon want to talk about property tax and raising taxes , he prefaces it with how much debt we in and how much trouble Kamla put us in.
Here is another it's my new hobby...collecting emboxy wrote:didn't realize memes were actually fact based nowurbandilema wrote:Lol colon I like that onerspann wrote:Every time colon want to talk about property tax and raising taxes , he prefaces it with how much debt we in and how much trouble Kamla put us in.
cryotec wrote:Maybe China wants our port for the one belt one road initiative.
toyolink wrote:In todays global power matrix, China has become the real financial and economic leader.
Economic and financial sustainability of super-powers are always dependent on expansionist dispositions.
How China got here is no magic, the size of the country, the availability of human capital and other resources aggressively mobilized in a totalitarian culture facilitated a grow rate which caught the known capitalist leaders with their 'pants down'.
China has the wealth and if countries need money they know where to go, but nothing comes without a cost.
Even the great USA has found itself having levels of debt to Chinese interests which is quite staggering.
Another country to keep an eye on is India and if they could bring all their people on the 'same page' the rest would be history.
Dizzy28 wrote:China's imperialistic ambitions are much more subtle than the Americans..........................for now.
One does not build up their military levels to that of the Chinese (the current Plenary approved a trillion Yuan military budget) just to sit back and watch the world burn.
No country is truly homogenous because of migration. However with 92% Han Chinese China falls within homogenous definitions.Eagle View Enterprises wrote:China is not a homogeneous population. Autocratic rule? Yes