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in 2013 China announced the BELT & ROAD INITIATIVE which was designed to provide new Land & Sea Connections from China to the Rest of the World. This Initiative was designed to help EMERGING & DEVELOPING COUNTRIES to improve ROAD, RAIL, AIR & SEA Infrastructure and to Build POWER PLANTS. Over $1 TRILLION is due to be invested over the next 10 years however these deals are now putting all of these countries AT RISK. CHINA is Refusing to Come to the table and negotiate RESTRUCTURING DEALS alongside the IMF & WORLD BANK. There are major concerns that the HIGH LEVELS OF DEBT could be used to SEIZE ASSETS and ensure that CHINA is the MAIN BENEFACTOR.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
11:21 SUMMARY & CONCLUSION
#russia
#Belt&Road
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Russia and China have struck a series of secretive debt deals that have caused concern among the international community, particularly the International Monetary Fund (IMF). The terms and conditions of these deals are not publicly disclosed, leading to fears that they could threaten potential IMF bailouts and pose security risks.
The deals, which involve lending money to Russia in exchange for access to its natural resources, have been kept under tight wraps. This lack of transparency has raised red flags for many experts who worry about the potential consequences.
One of the primary concerns is the impact these deals could have on potential IMF bailouts for Russia. If the terms and conditions are not disclosed, it becomes difficult for the IMF to assess the country’s overall debt situation and make informed decisions about providing financial assistance. This lack of transparency could ultimately jeopardize Russia’s ability to secure much-needed aid in the future.
Furthermore, the secretive nature of these deals raises security concerns. With China gaining access to Russia’s natural resources in exchange for debt relief, there is a risk that the country’s sovereignty and security could be compromised. This is particularly worrisome given the growing geopolitical tensions between Russia, China, and the West.
The lack of transparency in these deals also raises questions about their impact on global financial stability. Without a clear understanding of the terms and conditions, it is difficult to assess the potential risks and implications for the international financial system. This raises the possibility of unforeseen consequences that could have a ripple effect across the global economy.
The IMF has been vocal about the need for greater transparency in sovereign lending and borrowing, and has warned about the potential risks posed by hidden debt arrangements. The lack of disclosure in the Russia-China debt deals only serves to underscore these concerns.
In light of these developments, it is imperative for Russia and China to be more forthcoming about the details of their debt arrangements. Transparency is crucial for fostering trust and stability in the global financial system, and it is essential for ensuring that these deals do not pose undue risks to international security and financial stability.
In conclusion, the secretive nature of the Russia-China debt deals presents a significant challenge to the IMF and raises concerns about potential security risks. Greater transparency is needed to ensure that these deals do not undermine the stability of the international financial system and jeopardize potential IMF bailouts. It is imperative for Russia and China to be more open about the terms and conditions of these agreements to address these concerns and alleviate fears about the potential implications.
Real change only comes after things blow up and the need is on all parties so let it blow.