OTCQX:DMMIF - Post by User
Post by
goodapeon Jul 05, 2011 2:54pm
375 Views
Post# 18797598
article about Ecuador's foreign debt: positive or
article about Ecuador's foreign debt: positive orhttps://seekingalpha.com/article/278026-how-ecuador-sold-itself-to-china
"Ecuador is finally, perforce, living within its means — something you have to do, if you have no ability to borrow."
"With the latest deal, Ecuador owes China some $8 billion, or 19% of GDP. That’s more than its total external debt, as measured in the kind of charts which people generally look at when they want to know debt-to-GDP ratios."