naturalgasbad@lemmy.ca to World News@lemmy.worldEnglish · 2 years agoDebt Crisis: Poorest Nations Owe Trillions in High Interest-Rate Worldwww.bloomberg.comexternal-linkmessage-square8fedilinkarrow-up154arrow-down10
arrow-up154arrow-down1external-linkDebt Crisis: Poorest Nations Owe Trillions in High Interest-Rate Worldwww.bloomberg.comnaturalgasbad@lemmy.ca to World News@lemmy.worldEnglish · 2 years agomessage-square8fedilink
minus-squarenaturalgasbad@lemmy.caOPlinkfedilinkEnglisharrow-up4arrow-down2·2 years ago Wall Street encouraged nations in Africa, Latin America and Asia to borrow. Now persistent high rates could spur a 2024 reckoning.