fedfedfedd @ fedfedfedd @lemmy.ml

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2 yr. ago

wish you happy seething and coping

Friendliest lemmygrad user right here.

I like how you wont comment on the maintenance contracts.

Its not an debate. I wasnt talking about other devices, you just misread it. Easy as that just move on.

I like how you ignored the part in which chinese companies force the governments to sign 90+ year maintenance contracts. Convenient as it isnt part of the loan, just part of the bribery.

African countries are foregoing Western investment because of the number of strings attached

What strings?

here’s a (very) competitive interest rate

IMF loans are cheaper. Every person with two braincells will realize corrupt officials will take the chinese loans with higher interest rates because of the bribes. A 90 year maintenance contract is nonsense and you cant defend it.

Extravagant projects are exactly how China got out of it’s poverty hole

Ah right I forgot those glass bridges that killed a bunch of people.

What point are you trying to make? Im talking about phones on 5G, and you start talking about 5G on different devices? My comment is about the article? If you want to discuss something else you can make your own post. Its free.

The article is about phones. Did you even read it?

F35 is the plane that fell into the sea. Russia and china both developed hypersonic missiles while the usa MIC has none. They don’t need to copy when their stuff works better.

This man comparing rockets with airplanes. Completely nuts.

Im scared for the countries getting caught in Chinas debt trap. With maintenance contracts being forced (for more than 90 years!), billions in outstanding loans in each country there is no way to climb out the hole. Everyone can see these extravaganza projects are not what Africa needs, but what China wants.

The actual value of 5G is in facilitating autonomous robotics and industrial automation as opposed to stuff like mobile phones. It’s high bandwidth and low latency which allows

But the article is about phones?

Maybe if your country didn’t ban Huawei, the creators of 5G you wouldn’t think it’s an inferior product

What does a ban on a company has to do with 5G towers? Other companies cant make 5G towers?

Anyone here thinks 5G is overhyped? 4G in my country has the same speed as 5G in China. Seems dumb to upgrade to an inferior product.

Most people here dont even care about 5G when they reach 150mbps on 4G.

Im not arguing with people that argue in bad faith. Have a nice day.

Maybe try educate yourself a bit on the subject before making personal attacks on people out of sheer ignorance

Do you really believe you can make conclusions based on 2 or 3 factors? Or are you mad most people that studied for this dont support your outrageous claim?

You are delusional red funny fellow.

It is a good thing. You shouldnt look at total debt, but the service costs of holding such debts. A country with massive debt doesnt pay it, it will refinance it. We figured out about 5 years ago that debt isnt finite for a country. Op is a meme poster with zero clue on how money works.

https://www.imf.org/en/Publications/WP/Issues/2018/04/11/Interest-Growth-Differentials-and-Debt-Limits-in-Advanced-Economies-45794

Its free to read and you can inform yourself on why you shouldn't worry about these things.

Looking at the replies from OP he doesnt really grasp how debt works so I wouldnt listen to his odd takes.