• pandaconurbano@lemmy.fmhy.ml
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    1 year ago

    We (I’m from Argentina) have not enough dollars to pay the IMF loan and had a bunch of yuans in reserve China lend us to trade with them, a ‘swap’ as I heard they call it.

    What’s worrying is that yuans have a secret loan interest, probably quite a high rate. Don’t ask were the IMF loan money went, for sure it wasn’t spent on me.