debt

"Your family has been repossessed by the crown" Medieval Period (~1000 AD)

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Chinese trains, tourists and money are flooding Laos. Laotians wonder if it makes sense

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Chinese investments like the Yunnan-Vientiane rail transformed Laos but created debt, leaving locals questioning their future. … The Lao economy is now almost entirely dependent on debt deferrals from China to prevent it from plunging into default like Sri Lanka or Zambia.

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China’s Leninist industrial policy is creating instability at home and abroad | George Magnus

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China’s astounding technological success in mass-producing quality electric vehicles (EVs) sits alongside a serious flaw in its industrial model: overcapacity.

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Tesla Will Now Let You Finance Your EV Repairs… With Interest Rates as High as 36% APR

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With Tesla, you can turn a $2,442 windshield installation into a $3,174 windshield installation through the power of interest.

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