Chicoms are cutting back on their Belt and Road Initiative as they have lost their collective ass on bribing third world countries with loans that no Western bank would make because the vast majority of the chicom loans don't pencil. Western Banks used to do the same thing and assumed that countries could never default and if they did, the World Bank would bail them out. That was a bad assumption, and now is only partially true.
Tucker thinks the chicom Belt and Road initiative and buying Brazil is a big threat. I don't see it. It's like buying Venezuela. The US oil companies first got nationalized and then Venezuela stopped contract payments to the oil companies on their maintenance and management contracts. The "threat" could easily be ended if we developed US energy and natural resources.
Comments
Tucker thinks the chicom Belt and Road initiative and buying Brazil is a big threat. I don't see it. It's like buying Venezuela. The US oil companies first got nationalized and then Venezuela stopped contract payments to the oil companies on their maintenance and management contracts. The "threat" could easily be ended if we developed US energy and natural resources.