World News@lemmy.worldEnglish · 2 years ago

Debt Crisis: Poorest Nations Owe Trillions in High Interest-Rate World

www.bloomberg.com

Debt Crisis: Poorest Nations Owe Trillions in High Interest-Rate World

www.bloomberg.com

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World News@lemmy.worldEnglish · 2 years ago

The World’s Poorest Countries Buckle Under $3.5 Trillion in Debt

www.bloomberg.com

Wall Street encouraged nations in Africa, Latin America and Asia to borrow. Now persistent high rates could spur a 2024 reckoning.

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2 years ago
Usury 101.

The plague of the world at many scales.

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