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If you owe the bank $100, that's your problem. If you owe the bank $1.1 trillion, that's the bank's problem.
Except this bank has an army
Which they are more then free to deploy.... at a cost.
Sadly any country is going to have to weigh the cost of war, the cost of losing that war, the cost of losing personnel/equipment in that war, and the cost of basically ruining the physical assets they are trying to collect due to sabotage, collateral damage, misfires, and "misappropriation."
Sadly by the time they are done, the market value of those assets would be purely theoretical at best, if any value at all.
So it doesn't make sense for a country like China to invade the greater portion of Africa. But they might try sting operations, or devaluing of African assets within their own market to put pressure.
The risks being that the "belt and road" initiative might fall through too whatever the choice.
China don't need to deploy their army. They can simply threaten to cease all trades. No countries can afford to stop trading with China since practically everything are manufactured there. Even Taiwan, China's mortal enemy, still trades with China.
You make a good point. Everyone likes to think they can just switch production to India or Vietnam but they have no idea how large the manufacturing industry is there. No other country could replace it or match their speed. All those quality items you like have components or are entirely made in China.
No, so they just appropriate the places they cared about with their investments from the start, such as rare earth mines.
You can fight and win wars without ever setting foot in another country.
And likes to claim territory that isn't theirs.
More like if you owe the mob $100 and you fail to pay, you might get a broken finger. If you owe the mob $1 million and fail to pay they will gift you cement boots.
Is this actually true. The more someone owes the less likely you are to outright kill them cause that's a 100% loss on your investment. Brutal torture or kidnappings seem more likely to me. After that organ harvesting or forfitting assets.
It's more about sending a message to everyone else.
Outside of the movies? Not really. Not actually sure of the change in death rates in owing a small amount vs a large amount but loan sharks breaking limbs borrowers' or offing was actually pretty rare from what Steven Dubner or Leavitt found (can't remember which). Although my great uncle Michael might disagree with that finding. But nobody has seen him since he did not pay back that large loan he took from the mob in the 70s.
That said, there are other ways to put pressure on a borrower that do not permanently decrease productivity. A borrower has a bigger incentive to pay things back if a loved one's life is on the line. That might explain great uncle Michael's disappearance since he was pretty much disowned by the rest of the family.
Those are expensive cement boots for both the mob and that poor dude.