Comment by paxy

I highly recommend Confessions of an Economic Hitman by John Perkins (https://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit...) which goes into detail about the "debt trap" referred to in the article.

Coercing developing countries into taking out loans they can't afford to build infrastructure they don't need has been the USA's MO for decades, and is the reason why it is able to exert so much geopolitical influence around the world. And recently China has been playing the same game.