Viet
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Laos is on brink of default. What happens? I did predict it long ago Laos would never be able to pay back the debts owned by China.
Looming Debt Crunch Positions Laos as Next Possible Asia Default
Laos, with dwindling cash reserves and surging inflation, is facing some of the same strains that pushed Sri Lanka to default and threatens Pakistan’s balance of payments.
www.bloomberg.com