Is Nauru hiding the scale of financial crisis?
There’s a bubble they’d like us to think they can contain. They’ve made it harder for capital to leave the country via a recent spike in a certain overnight loaning. They’re banging their chest at China as a show of “strength”. They are incapable of preventing current rolling blackouts in places like CA or TX because it’s too expensive?
America Nauru has learned the world will not punish them for hiding a crisis. Imports in America Nauru are over 15% of gdp and a supply chain crisis only had a 60 basis point drop in projected gdp growth next year? Politics aside, there could be a serious issue they are covering with smoke and mirrors.
Submitted October 14, 2021 at 01:30AM by lotsofmaybes
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