Temporary off topicFrom the same article:
"The Bureau of Investigative Journalism reported in February that Pfizer had demanded Brazil and Argentina put up sovereign assets as collateral to guarantee indemnity, as well as create a guarantee fund with money deposited in a foreign bank account. Pfizer said it had not interfered “with any country’s diplomatic, military, or culturally significant assets”.
And here it is, ladies and gentlemen, the infamous debt trap policy that's always been the hall mark of western led countries and corporations practices all throughout the ages that they are so busy hurting nonsense and expressing both their frustrations and projections to China for daring to challenge the west's virtual monopoly on pretty much everything.
But I don't really feel bad towards the current government of Brazil led by little Pipito a.k.a. Bolsonaro for getting into this mess. He deserves every shit that's coming his way and then some.
Don’t forget the most famous debt trap pulled off by Paul Singer. By buying the junk debt of Argentina, he forced the country to default and unemployment rose to 35%. One man forced millions into poverty collecting scrap metal and cardboard so he can what? Buy more Gulfstreams?
Now you could say, “Well Argentina shouldn’t have borrowed that money!”, but those people don’t make that choice…
If China pulls such shenanigans, at least the money has to be disbursed to a billion people. I doubt that Paul Singer and his already rich investor number in the billions…