ShareAmerica has written about “debt-trap diplomacy” — loans and other forms of foreign aid that lock countries in a cycle of dependency. Journalists and politicians around the world are taking note:
In Kenya’s Daily Nation, economics editor Jaindi Kisero warns of debt-trap infrastructure loans. “You will only start feeling the pinch when the time for servicing the debt comes calling,” he observes, noting further that already two other nations have had to surrender key assets to their creditor nation.
Is your country in danger of falling into a debt trap? Read our analysis and decide for yourself.