Pakistan Hastening Its Debt-Trap Demise?

Under pressure from the US aid cutoff, Pakistan has agreed to allow China's Yuan currency to be used on its soil to facilitate trade between the 2 countries (something that Pakistan was previously hesitant to do):

http://www.firstpost.com/world/pakistan-nearly-trades-its-economic-sovereignty-in-currency-swap-arrangement-with-china-4289933.html

This may accelerate Pakistan's plunge into a debt-trap situation. We can see the deep economic misery and pain that befell Greece when it surrendered its sovereign currency to use the Euro, as proposed by Germany. While Germany/China has all the manufacturing/export power, Greece/Pakistan accumulates debt and insolvency, in a lopsided relationship.

What India needs to do is secure its border fences and Aadhar cards for its citizenry, to protect itself from being inundated by refugees, as Pakistan heads towards a North Korean fate of poverty and misery. When Islam admonishes the charging of interest, it's no small coincidence that it attracts a following comprised of deadbeats who can't manage their impulses for profligacy and runaway borrowing.

I’m introducing a bill to end aid to Pakistan in the coming days. My bill will take the money that would have gone to Pakistan and put it in an infrastructure fund to build roads and bridges here at home. pic.twitter.com/SHlA00rWEd

— Senator Rand Paul (@RandPaul) January 4, 2018

Good idea Rand! https://t.co/55sqUDiC0s

— Donald J. Trump (@realDonaldTrump) January 6, 2018