3min chapter

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Palladium Podcast 82: Jesse Velay-Vitow on the Geopolitics of Climate Change

Palladium Podcast

CHAPTER

Can China Enforce a DebtDefault Penalty?

The question is whether China can enforce things like a debt default penalty. I do think that we'll see, um, we'll see them gain credit and trust as they help other countries deal with this. Especially, I think some of the poorer countries in that region. South Korea is pretty well positioned to lean on, uh, European and Western aid. That said, for demographic reasons, it's, it seems like America gets the lion's share of that.

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