Quote from: Artemis3 on January 27, 2019, 11:37:10 AM

Quote from: cruso on January 27, 2019, 11:30:37 AM

Quote from: Jet Cash on January 25, 2019, 06:36:40 PM

I don't think it is anything to do with democracy. The Chinese have lent large sums of money to the Venezuelan government, and they are secured on assets. This is a known ploy of the Chines, and when the government can't repay, the Chinese claim the assets.

They are doing the same in Africa, Pakistan and wherever they can get away with it. Its called the Chinese debt trap. https://qz.com/1223768/china-debt-trap-these-eight-countries-are-in-danger-of-debt-overloads-from-chinas-belt-and-road-plans/ - its clever if you ask me.

Could be a trap, or could be their plan to remain in power. While North Korea placed their bets only in the military, the Chinese went for wealthiness (capitalism). After all, is not like you are forced to ask loans from them... Venezuela got them in exchange for oil AND supporting their international political position (ie. Taiwan, Tibet, Hong Kong...) during Chavez. But after Maduro did what he did to the economy, even China stopped loaning.

They became an attractive alternative to the World Bank and the World Monetary Fund, with their Chicago school of economy thinking (growth by debt).

"Forced" can be subjective. I would like to recommend a good book related to this subject.

https://www.amazon.com/Confessions-Economic-Hit-John-Perkins/dp/0452287081

It describes in detail how powers can in fact force countries to enter into debt, then start harvesting the nation of all of its resources.