steve white
AH elite
It's bad enough that these "leaders" plunder their own people and then hide "their" money in dollars--but their corruption so weakens their countries financial standing that they have to turn to the international lenders who will plunder them even more. None of their citizens got to take a vote on becoming so indebted to China that they lost a seaport, or X amount of mineral plundering as collateral. Of course, I wouldn't want the US to give some of these characters credit. It would almost be doing those countries a favor to get rid of their leaders for them. Or maybe international laws prohibiting such oligarchs from banking it away somewhere without justification. After all, we take away assets from drug dealers who cannot prove ligitimate ways to have afforded their luxuries...The leaders who are de-dollarizing their economies are all hiding their own money in US bank accounts in DOLLARS. The only reason to choose Yuan or Rupees or Rials is that your economy is so decrepit that you can’t get access to the US dollars needed to sustain and grow. So you turn to the Chinese who’ll be happy to provide the Yuan needed, at usury rates, so long as you provide them access to needed minerals and allow them to dump excess stuff like cement and labor they have too much of.