2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC129: How the IMF and World Bank Sell Exploitation As Development w/ Alex Gladstein (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

China's Exponent in the Global South

37% of all the debt owed by poor countries is the China today. They have this massive presence and it's very concerning obviously there is for all the criticisms I have for the US and for the IMF and World Bankled system I have even more for China. So you're seeing them kind of pull back from abroad a little bit their banking system is going to be under a lot of stress. It'll be interesting to watch but their presence in the global south is way bigger than I thought.

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