The Dig cover image

China Boom w/ Ho-fung Hung

The Dig

00:00

Borrowing From the International Vulnerabilty Market

In the liteen seventies there was a petrodada bom. That interest rate is very, very low. And actually, it looks silly lot to borrow money from interlectional international vilencia. So many a loans that is borrowed on moderate or even very low interest rays, suddenly has a kind of because they areajust aboe, variable interest rate. Many diveloping countries and eastern european countries, mostly both poland, suddenly find themselves in a very difficult situation when the interest rased suddenly sky rocketed. The moral ideology of self reliance. But another i reasons, of course, that this, after lexon a visit to china in the 19

Play episode from 47:25
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app